Monero

068. Riccardo Spagni aka FluffyPony on Financial Privacy with Monero and Tari

I discuss with Riccardo Spagni also called FluffyPony about considerations over Monero’s privateness mannequin and why monetary privateness is one thing wholesome, fairly than one thing that needs to be checked out as deceitful or nefarious.

Our society believes in privateness, however it’s fascinating to see the place it’s accepted and the place it’s challenged. Riccardo makes use of the analogy of going to a public restroom. We don’t argue with somebody who desires to shut the door once they’re going to the toilet in a public place.

“When you go to a public restroom, you go to the restroom, you close the door, and you don’t go like oh, you know, that’s a privacy enhancement. That’s just natural. So like, a tool like Monero or any privacy enhancing tool really, is just about that same thing, being able to close the door when you’re doing something private, like using the bathroom.”

Some individuals assume that if you wish to disguise your monetary transactions, you have to be doing one thing unlawful. Isn’t monetary privateness a proper? If we flip issues round and say that okay, each monetary transaction you make, have to be public, what sort of society would that be?

Riccardo places it this fashion – “Why don’t you upload three months of bank statements onto Twitter so that we can make sure you’re not a criminal?”

Our society has given up on privateness for the sake of comfort. We assume that there must be a trade-off. We’ll give away our photographs, our private info, so long as we will have fast entry to all of my on-line accounts.

“We’ve ended up in a world that’s very Orwellian. It’s very 1984. But the difference between the world that 1984 portrayed, and the world that we live in, is instead of the government going and putting cameras in everyone’s homes, and on the streets and all that – we put the cameras and the microphones in our home, and we just call them Alexa.”

Riccardo Spagni @FluffyPony on Twitter

https://twitter.com/fluffypony

Tari

https://www.tari.com

Monero

https://www.getmonero.org

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