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How To Make Private Transactions, & Why It's Crucial

EPISODE · Aug 17, 2023 · 59 MIN

How To Make Private Transactions, & Why It's Crucial

from NBTV: Your Money, Your Data, Your Life · host Naomi Brockwell

https://youtu.be/tIr9GfCtd9Uhttps://open.lbry.com/@NaomiBrockwell:4/Private-Transactions:bFinancial privacy is essential for a free society, because it allows us to support causes we believe in without fear of retribution, to flee dangerous situations without being tracked, to live our daily lives without feeling like every choice we make is on display and needs to be self-censored.How can we have a truly free society if the way we interact with the world around us is constantly monitored and controlled? But that's exactly what's going on right now. In this presentation I explain how surveillance of the traditional financial system works, and what solutions there are for reclaiming your right to financial privacy. 00:00 Financial Privacy Is Crucial for a Free Society2:22 Traditional Financial System is Controlled, Censored, and Monitored3:29 Talk Overview5:38 Everyone Is Selling Your Financial Data6:42 People Are Persecuted Because Their Payments Are Monitored8:42 History of Financial Surveillance13:02 3rd-Party Doctrine14:07 Cash17:59 Bitcoin18:40 Cryptocurrencies are NOT private!19:53 Tip #1: Use Privacy Coins26:20 Tip #2: No Pass-Through Privacy29:11 Tip #3: Break Up Patterns33:57 Tip #4: Protect Against OSINT Privacy Leaks39:23 Tip #5: Beware of Active Analysis Tricks44:55 Alternative Financial Systems ARE The Answer47:03 Audience Q&ATraditional privacy tools like cash continue to dwindle in relevance, but cryptocurrencies like privacy coins present themselves as torchbearers of financial privacy in this new digital era.But the level of privacy you get is contingent upon the choices you make -- it's not enough to use things like privacy coins, you have to know how to use them properly.Special Thanks to Zcon for inviting me to speak!Brought to you by NBTV team members: Lee Rennie, Cube Boy, Will Sandoval and Naomi BrockwellTo support NBTV, visit https://www.nbtv.media/support(tax-deductible in the US)NBTV's new eBook out now!Beginner's Introduction To Privacy - https://amzn.to/3WDSfkuBeware of scammers, I will never give you a phone number or reach out to you with investment advice. I do not give investment advice.Visit the NBTV website:https://nbtv.mediaSupport the show

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How To Make Private Transactions, & Why It's Crucial

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