Privacy on Bitcoin and Why Everyone Should Care

Too Long; Didn't Read

Unless you’ve been living off the grid for the past twenty years, it’s pretty obvious that the world (led by <a href="https://nordic.businessinsider.com/sweden-is-on-the-brink-of-becoming-a-cashless-society--" target="_blank">Sweden</a> in the West and <a href="https://techcrunch.com/2018/11/13/biometrics-payment-china-singles-day/" target="_blank">China</a> and <a href="https://www.koreatimes.co.kr/www/tech/2018/10/133_256879.html" target="_blank">South Korea</a> in the East) is trending toward a cashless society. In countries that have kept pace with the latest advances in Fintech, transacting with bank cards, Paypal, Venmo and a growing list of mobile apps has become the norm. Cash payments in Europe have been consistently on the <a href="https://www.verdict.co.uk/europe-cashless-society/" target="_blank">decline</a> over the past decade, and in Sweden, more than 40% of the cash supply has been taken out of circulation since 2007. We embrace digital payment rails because they’re the most effortless way to shop these days. Convenience is always king. But there are no free rides in life, including the “free” online services we all enjoy. We ultimately pay for them one way or another.