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RE: Should Our Steemit Wallet Holdings Be Private?

in #community7 years ago

I think the option should exist to make that information less accessible. I don't care if Steem Inc or some accountability company keeps a third key so they can access these records in the case of something truly criminal, but I do not see how Steem can scale without at least some layer of privacy.

Even Facebook offers more privacy.

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If there is an option to make it less accessible then those accounts with a bad motive to make it private would do so, might as well just make everyone's private at that point. I think having a third party or steemit inc keeping track of stuff like that is a step in the wrong direction of why steemit was created, to be an almost fully decentralized platform which is why the community needs transparency to be able to come together to crackdown on abusive or illegial activity,

Facebook definitely offers more privacy options but at the same time the amount of information people put on their facebook accounts vs. steemit accounts is much more. On Steemit people choose how much information they put about themselves and maybe a solution would be more education for new users about the dangers of including too much information/picture of themselves.

Steem being decentralized yet provides no security? How valuable is that? Also it's open to coercion.

How can I know an upvote isn't from extortion? How can anyone know someone isn't being coerced into upvoting certain accounts? You wouldn't know. So whales could be extorted as we speak and you wouldn't know. Whales could also be extorted to delegate their SP and we'd have no way to know that either.

So Facebook has far more security.

On Steemit people choose how much information they put about themselves and maybe a solution would be more education for new users about the dangers of including too much information/picture of themselves.

Right. So Steemit is only for pseudo anon accounts. Thanks for confirming the fact that real identity+Steem can never work. Identity+Steem=open to coercion if the account is worth enough to make the effort work it to the bad guys. An account with millions in Steem Power very well might be coerced into spending that influence in ways the account holder doesn't want.