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RE: Blockchain Tech: Anarchist Paradise or Orwellian Nightmare?
@kafkanarchy84 - As usual, you hit the nail on the head while identifying the privacy concerns. While today, bits and pieces of our personal data are floating out there (with telephone companies and various services where we need to register) in an unsecure manner, a secure solution would be great to have so that all the services can authentically get data (only when needed for authentic purposes). Therefore, Civic coin does have promise as you say. However, I also am concerned with the downside, as pointed out by you - what if the 'secure storage' gets breached???
Great video blog. Thanks for sharing. Upvoted full.
Regards,
@vm2904
It would be handy to have all that info in one place, but what is handy for you and me is also handy for criminals to try to breach and governments to use. I don't really trust any govt 100% so even if I'm doing no wrong they could in future use it against me, at least if it's bits of info spread all over it's harder to piece bits together. Call me paranoid but you got to be a bit wary especially if some nut gets into power and decides to start doing stuff that all your info would be very useful to them and detrimental to you. Upvoted your reply as I think it is very valid as is the main post which also got an upvote