Privacy is a mistake
EthPrague 2024 · 31 May 2024 · 5:54
The talk argues that the word privacy is a mistake: people do not want to hide everything, only to avoid sharing more than a purpose requires, such as giving a coffee shop an order but not a name. It says current apps and financial rails take that control away, and credits Bitcoin with cross-border payments without showing IDs, Zcash with payments without putting personal information on a blockchain, and Namada with using applications across blockchains without sharing personal information. On this view Zcash and Namada exist to restore the freedom to share, not to hide.
Topics
From EthPrague 2024, hosted by ETHPrague.
Holešovice Market
Transcript
[Music] okay privacy oh privacy is normal but the word privacy is a mistake sharing information is necessary
for daily lives when I buy coffee I need to share which coffee I want with a shop when I request a wire I need to share the recipent wiring details with a bank when I buy new clothes online I need to share my shipping address with a merchant when people say they want privacy they don't mean that they want to hide anything what people really want is to not share more than what's really necessary when I buy coffee I don't want to share my name with a shop because I don't think it would make the coffee tast anything
better when I request a wire I don't share the reason for the transfer with a bank because it has nothing to do with how wiring works when I buy C clothes online I don't share my home address with a merchant I'd rather share the address of pickup station we are born with the freedom to share our own information with whoever we want for the purposes we care about and and to add value to our lives and this freedom is only possible when we can choose what information we share with whom and for what
purposes in the real world we have more control of our own information and we have more Alternatives we can choose from we can choose to go to another coffee shop we can choose to use cash in have a bank we can choose to shop for clothes on a local store we can stay home with Appliance down and we can choose to go out and hang with the ones we love and things shouldn't be any different in the digital world but right now they are the applications we use on our phones and laptops or the fin fincial
Services were used to store exchange or transfer economic value they're all built on Rails that take away people's control over their own information and this needs to change because the purpose of phone apps Banks or the internet was never to take away people's freedom there's been a lot of progress in the centralized infrastructure the Bitcoin protocol introduced the rails for service where people could pay each other directly across any borders without having to show the IDS to anyone the zcash protocol introduced a
way for people to pay each other directly across any borders without having to share the personal information on the blockchain the namata protocol introduces the for people to use applications across blockchains without having to share the personal information more and more individuals and organizations are funding Technologies like Bitcoin zcash and namada a lot of progress has been made but the word privacy is still a mistake zcash is not a privacy coin namada is not not a privacy
chain they are not for hiding information they are for restoring or freedom to share our own information our own information with whoever we want for the purposes we care about to add value to our lives and the ones we love privacy is normal and so is the freedom to share you are born with the right and the freedom to reveal no one not even Banks or governments have the right to take this Freedom away all we can do is to build a tech to
restore what should have been there from the beginning but the choice of using Freedom this freedom is in your hands and your hands only it [Music]