A defense of anonymity in payments by @jerrybrito in a policy briefing:
"The Case for Electronic Cash"
(PDF download link below abstract)https://coincenter.org/entry/the-case-for-electronic-cash …
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Inflation bugs do not invalidate the entire premise of payment privacy, not matter how hard you try.
They do highlight the dilemma of how to audit privacy-providing currency issuing and settlement, and furthermore, given the complexity of solutions to that problem, of how to make sure the code doing it is working securely. Not an easy problem, as ZCash has alas demonstrated.
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Long term privacy is unattainable without an active military. Ultimately, I always arrive back to the states’ monopoly over violence as a last hurdle that private and privacy oriented money will have a hard time overcoming. I might be wrong. What are your thoughts?
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Wrong, there is plenty of cryptography that nobody including militaries can break.
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As a side note, I believe militaries/governments/aggressor organizations may not be able to break good cryptography/privacy measures, but they can break key people and organizations. That’s an attack vector that shouldn’t be disregarded/underestimated regarding private money.
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Its an asymmetric attack. Can target individuals (with probable cause) but not blanket surveillance. That's as it should be and as it always was.
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Important differentiation. Thanks for sharing your thoughts
@aantonop.
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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same problem with autonomous car where privacy could make it hard to find responsabilities in a crash.
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