Alex Gleason
· 3w
https://simplygaby.substack.com/p/careful-caesar-the-citizens-are-watching
Corruption and privacy... Ehhh. (Sigh.) Suppose a hypothetical ledger is so private and anonymous that no transaction can be deciphered to whom it belongs to. That doesn't mean the parties involved wouldn't be obliged to keep records and be transparents regardless, by law and regulations. The technology itself then is the layer that either allows (standardised) options for all - meaning either all is publicly there or none is or something in between. I choose privacy. The matter is that which the edge cases, in our case, cypherpunks, fight for because "if privacy is outlawed, then only outlaws will have privacy". They fight for our digital rights. That's not going to be optimal if all is public. Again, corruption is a human flaw, not so much a technological bug. (Just some loosely-tied thoughts.)