Nick Szabo  🔑

I guess I naively continue to put too much faith in legal contracts and the like! Only in this community can I be painted as an optimist

So sue Coinbase and let us know how it works out. Good luck!

Try to get an injunction to have all copies of the shared KYC/AML data that now exist in the world wiped.

Szabo, I'm surprised you won't give us a break for asking questions about how our data is being shared. I am grateful that people are asking questions. Imagine how much info would go under the radar if nobody asked questions about potential privacy breaches.

I'm all in favor of asking questions. Good luck getting straightforward and verifiable answers in an area, data sharing with strangers, that lends itself well to neither.

Users have been telling centralized digital entities they care about their privacy since day 1 on the intenret. Not much has come of it. It's just way too easy to copy information, and it's just information about some strangers.

I get it, maybe some of us are fighting a losing or never ending battle. Does that mean we should give up? Or probably refocus our efforts elsewhere. I am guessing the latter.

I get that and agree with your points in other threads that this shouldn’t be surprising. However saying Coinbase “collected data to sell to other parties” is inaccurate and unhelpful.

It doesn't matter if sold it or gave it away by accident, the end effect to customers is the same, the data was shared, it's out of Coinbase's control and doubly out of the control of Coinbase's customers who shared this data to headline-epitomized strangers in the first place.

Might work. It's an interesting approach. But at some point somebody has to decrypt and copy that data to use it (modulo the rare multiparty private computation), at which point it has been shared with that person's app, which could easily cache that data, share if further etc.