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_slow_crypto 🌅⏳🪁
@slowcrypto
Students coming through sharp on critiquing privacy with the open ledger. Lazycasting questions written on the tube after the seminar. Thoughts?
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Cassie Heart
@cassie
Public ledgers can not solve because even with clever wallet strategies, all it takes is one opsec misstep and nothing you do after the fact will help you. Businesses care a lot about privacy. Most cannot accept a public ledger that reveals any of their books. To solve for this, you have to make privacy the default.
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_slow_crypto 🌅⏳🪁
@slowcrypto
The other lecturer (I was guest) clocked the opsec risk off the bat. Businesses are a challenge, for sure! In regards to consumers wanting provable digital ownership with (optional) privacy what’s the solution? Going elsewhere to ETH and the like? How does that fare with regulatory interest?
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Cassie Heart
@cassie
If you make privacy the default, provable disclosure is optional. Most regulatory interest doesn't care if the data is private if compliant. And for those that do, I should remind people (in the US) that if cryptography is a munition and code is speech then assert your constitutional rights in telling them to fuck off.
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_slow_crypto 🌅⏳🪁
@slowcrypto
Do you believe we’ll need a new setup for this at some point when critical mass wake up and demand it? A case of the current chains for fun stuff (monkey jpgs) & new for serious (land deeds)? Is this the aim of Quilibrium? (Fell off the radar and you don’t have link in bio. Google is also pants for finding it.)
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