Hacker News new | past | comments | ask | show | jobs | submit login

"I’m not a bitcoin person, but I still don’t understand why people think of bitcoin as more private than other transactional systems when the whole premise of bitcoin is a publicly shared ledger."

You don't have to provide personally identifiable data to transact.

As far as I can tell, this is not achievable digitally with any traditional currencies.

Yes it requires connectivity that might yield personally identifiable data, just like every other method of connectivity via the internet.




> As far as I can tell, this is not achievable digitally with any traditional currencies.

Paysafecard [0] does exactly that with traditional currencies.

I can buy those with cash, even at gas stations, and use them to pay online without ever sharing my personal details with anybody.

[0] https://en.wikipedia.org/wiki/Paysafecard


That's not longer the case in Germany (don't know whether this is the case in other EU countries though) where it requires a verified account with Paysafe (PostIdent no less).


That must be a rather recent change (1. January?) because the last Paysafecard I used didn't require me to do anything like that, that was maybe 3-4 months ago to pay for an online-hoster.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: