Will Bitcoin Really Help The World ‘Break Free’ of Surveillance?

Will Bitcoin Really Help The World ‘Break Free’ of Surveillance?
фото показано с : beincrypto.com

2019-10-5 09:34

Cryptocurrencies, blockchain, and other emerging technologies are often heralded as a way to grow independent and to live one’s life on their own terms.

This belief is largely due to blockchain’s anonymity and lack of a central authority. No room for surveillance, no need to worry about governments and the like. However, these capabilities have largely been a pipe dream, at least for now, with regulators coming after digital assets, big companies like Facebook trying to get in on the technology for themselves, and much more.

Regaining Privacy Through Bitcoin

The dream is still alive, however. At least, if discussions at a recent hackers event are to be believed. According to the International Business Times, a “hackers’ congress” this Friday saw conversations regarding moving towards a more free, “parallel society” using cryptographic technology like blockchain. These claims are similar to recent thoughts from the EU antitrust chief, who claimed Facebook’s Libra could create an alternative economy, as BeInCrypto has previously reported.

Like something out of a sci-fi movie, one of the organizers proclaimed that they want to “Use cryptographic technology to regain privacy, to save freedom, to step up from the first constrained realm and to build the second one.”

As one could imagine, many talks involved getting away from governmental control, having everything from identity to knowledge decentralized and out of its grasp.

Many comparisons were made to ancient Greece, with Paul Rosenberg, the founder of Cryptohippie, a data protection company, stating that “The Greeks were a massively decentralised civilisation: there were a thousand or so Greek city states. And they gave us art, sciences, geometry, drama.”

Of course, with the connected world we live in today, things are more than a little bit different. Information is essentially a currency nowadays, with companies vying for it every chance they get. Rosenberg and the other event organizers see blockchain as a way away from it.

Close, but Not Just Yet

While there’s some truth to these claims that blockchain and cryptocurrencies can provide “freedom,” it’s important to note that right now, most assets aren’t anonymous. For example, Bitcoin transactions can be traced to some degree, and it can’t even be spent in most places as of now. Then, there’s also the issue of scaling. After all, Bitcoin transactions are still a ways away from being as fast as traditional payments. Also, most people are hesitant even to get involved with cryptocurrencies, citing a lack of regulation as a key reason for this.

These organizers’ hopes and dreams aren’t unfounded, but we’ve still got a long way to go before they’re fully realized.

What do you think about Bitcoin’s future? Will it be the digital asset that leads the world to freedom? Let us know your thoughts in the comments below.

Images are courtesy of Shutterstock. 

The post Will Bitcoin Really Help The World ‘Break Free’ of Surveillance? appeared first on BeInCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

High Performance Blockchain (HPB) на Currencies.ru

$ 0.0100291 (+7.61%)
Объем 24H $25.057k
Изменеия 24h: 5.20 %, 7d: 30.40 %
Cегодня L: $0.0090557 - H: $0.0100291
Капитализация $732.823k Rank 1812
Цена в час новости $ 0.2821 (-96.44%)

surveillance blockchain really break world free bitcoin

surveillance blockchain → Результатов: 69


Wash Trading: More than 80% of TRON and ETC Trading Volume is Bogus – BTI Report

Based on new algorithms and specific research methodology, the Blockchain Transparency Institute (BTI) – a group of blockchain and cryptocurrency enthusiasts, researchers and devotees who aim to clean up the industry as much as possible – has published a Market Surveillance Report saying that 85% of Tron and Ethereum Classic traded volumes were falsified.

2019-4-16 18:40


Фото:

What Is Surveillance Capitalism and How Does Crypto Resolve it?

One of the most important narratives in the crypto space has been its stand against centralization. In today’s globalized economy, where different cultures and ethnicities rapidly consolidate around the same interests in technology, social media, and free services, there is an alarming sense that Internet use is becoming more centralized, which gives birth to technologyRead MoreRead More.

2019-3-20 18:00


Фото:

Coinbase backpedals, fires ex-Hacking Team staff to appease users

Cryptocurrency exchange Coinbase has said it will let go of Neutrino staff who previously worked at Hacking Team in a seeming bid to appease angry users. The company landed in hot water after it acquired Neutrino, an Italian blockchain analytics startup with ties to Hacking Team, a group known for their selling intrusion and surveillance capabilities to authoritarian regimes across the globe.

2019-3-5 12:46


Фото:

Coinbase Neutrino Acquisition Reveals History Of Spying and Gov’t Data Selling

Cryptocurrency exchange Coinbase is facing an increasing publicity nightmare after it emerged the CEO of a company it took over sold private user data to governments. Coinbase: Neutrino ‘Will Help Prevent Theft’ Announced February 19, Coinbase now owns Italian blockchain surveillance startup Neutrino, having acquired the company for an undisclosed sum.

2019-2-19 20:00


Инженер NASA предлагает хранить данные о полетах на блокчейн

Космическое агентство США NASA рассматривает возможность применения блокчейн-технологий для хранения данных о полетах. Предложение с данной инициативой было обнародовано одним из инженеров агентства.

2019-1-14 18:10


New Beginnings See Paralelni Polis Open In Bratislava With Crypto Anarchists

The crypto community in Bratislava will now have a new centre where to meet and discuss different issues about virtual currencies and the space. Opened in October, the centre has been growing as a place to discuss surveillance infrastructures, relentless taxation and the adoption of blockchain technology by different agencies and institutions. Pavol Luptak, crypto […]

2018-12-3 17:58