Pessimism and tinfoil time: a well connected AI will soon know (or already knows) who owns each bitcoin address, using various heuristics.
It's probably safe to assume that the Google AI (who remembers what you searched for in highschool, what e-mails you've sent in college and what ip adresses you had while travelling last year) is not (yet) connected to the Facebook AI (who knows your chat messages on whatsapp, tracked your external websites views through fb pixel, knows much of your online purchasing history and so on). However, they can become connected and even kept separately they're both powerful enough, discounting other gov owned databases or privately owned user databases of various companies.
Even if a btc owner was careful enough to hide all the traces (with the exception of some isolated server who mined and never sold), there would always be heuristics to out you: 'X talked about selling some btc OTC in that location with Y', 'Y using this IP address in this starbucks', user 'X used his visa card at that starbucks 5 minutes later', so on and so forth.
I'm sure an authoritarian regime will soon have enough info to send a guiltless person to jail for having cared about financial freedom.
Are you guys worried about this stuff? Are you shifting to privacy coins?
It's probably safe to assume that the Google AI (who remembers what you searched for in highschool, what e-mails you've sent in college and what ip adresses you had while travelling last year) is not (yet) connected to the Facebook AI (who knows your chat messages on whatsapp, tracked your external websites views through fb pixel, knows much of your online purchasing history and so on). However, they can become connected and even kept separately they're both powerful enough, discounting other gov owned databases or privately owned user databases of various companies.
Even if a btc owner was careful enough to hide all the traces (with the exception of some isolated server who mined and never sold), there would always be heuristics to out you: 'X talked about selling some btc OTC in that location with Y', 'Y using this IP address in this starbucks', user 'X used his visa card at that starbucks 5 minutes later', so on and so forth.
I'm sure an authoritarian regime will soon have enough info to send a guiltless person to jail for having cared about financial freedom.
Are you guys worried about this stuff? Are you shifting to privacy coins?