• 4 Posts
  • 128 Comments
Joined 2 years ago
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Cake day: June 30th, 2023

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  • Most cryptocurrencies have less privacy then tradfi

    Sort of, but that doesn’t really contradict what I said, because cryptocurrencies and cryptocurrency tools that enable more privacy exist and work and are used. Even ones that don’t offer the potential for pseudonymity and are functional for bypassing the arbitrary censorship/control of Visa etc, for example see recent events with CivitAI.

    It will always have people trying to destroy privacy and also people trying to enhance privacy.

    But this means the people trying to destroy it will win sometimes. That means it is important that systems for preserving privacy should be resilient against small victories by this faction. By design GNU Taler seems to lack the resilience against interference that is a core feature of decentralized systems which could be used in its place.


  • Privacy is a good thing.

    Yes

    And don’t forget the State works for us.

    Hasn’t Europe been seriously considering bans on end to end encryption? Aren’t there serious pushes to force VPN companies to keep logs? And for all this project seems to be trying to emphasize its distinction from other styles of cryptocurrency, the goal and means is largely similar, and I don’t think you can ignore all the precedent for how crypto exchanges, mixers and pseudo-mixers have been treated regardless of their efforts to be compliant with the law, especially as relates to privacy features. So how can you possibly trust a state to perpetually remain on the right side of this? The design of this project means there is little possible resistance to any level of attack coming from that direction, even something as simple as banks dropping the exchange as a customer would kill it, and I think it is a fatal flaw, especially when other cryptocurrencies already achieve greater levels of privacy and payment censorship resistance without asking or needing permission, despite being under constant attack from states.











  • You may not have been anonymous to the people in your immediate community, but you were largely anonymous to the people outside of it, which is something that has been systematically dismantled in various ways through history. Even things as basic as last names are there to make you visible to outsiders.

    From Seeing Like a State, p59:

    The invention of permanent, inherited patronyms was, after the administrative simplification of nature (for example, the forest) and space (for example, land tenure), the last step in establishing the necessary preconditions of modern statecraft. In almost every case it was a state project, designed to allow officials to identify, unambiguously, the majority of its citizens. When successful, it went far to create a legible people. 38 Tax and tithe rolls, property rolls, conscription lists, censuses, and property deeds recognized in law were inconceivable without some means of fixing an individual’s identity and linking him or her to a kin group. Campaigns to assign permanent patronyms have typically taken place, as one might expect, in the context of a state’s exertions to put its fiscal system on a sounder and more lucrative footing.

    IMO the felt anonymity of Reddit, that comes from the fact that hardly anyone cares to remember your username and you don’t directly experience scrutiny, isn’t that useful. What really matters is the potential for someone to look over everything you’ve written (and if they have administrator access, connect that to IP, email, browser fingerprint etc.), and use that information for their own purposes, regardless of their having any connection to or legitimate personal interest in you. In that respect, Lemmy isn’t much better (it kind of can’t be when the premise is publicly posting writing to the internet), but it isn’t worse either.