“Privacy, KYC and AML” panel at #MITBitcoinExpo2018pic.twitter.com/4py7N0us0X
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Cybernetician, building liberty, love and understanding (for Computing see @ngnghm, for Cryptocurrency see @phanaero)
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“Privacy, KYC and AML” panel at #MITBitcoinExpo2018pic.twitter.com/4py7N0us0X
Privacy is essential for decentralized defense: if bad actors know all about you and not you about them, they will win. If law demands "everything" be public, then you totally depend on the public watchmen for defense, but who watches the totalitarian watchmen?
Same goes for concealed carry (privacy for RKBA): privacy is essential to protect carriers and non-carriers alike from predators who could otherwise tell who and when to prey upon.
Information is always asymmetric. Mutual privacy restores some symmetry in that information is then asymmetric both ways.
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