My One Big Problem With Cryptocurrencies...

     Here's my beef with crypto--you have to forfeit almost all of your personal info. SSID, address, bank account, full name etc. I have yet to find an easy way in which does not require one of these. Many may say that “Banks and other establishments require it, so so why worry?”, except for the fact that many physical establishments have more reputation. I am not necessarily willing to forfeit information to a group of people on the web, it many end up being violated, without any physical establishments to blame.


     I wish it was easier for people to get in without identifying yourself by only your sensitive information. If anyone knows of a company that does not implement this, I would be interested to know about them.


     Cryptocurrencies unfortunately make it very unappealing to the inexperienced and to the skeptic. I do not think that it will become mainstream until changes are made to this system.

 

     Until this problem is solved, Cryptocurrency may never reach its full potential--so what do you think?



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