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RE: People Care About Data Privacy, and It's All Open Access on Steem... Uh Oh?

in #steem6 years ago

I have been saying this since I began understanding how crypto works. With everything transparent (regardless of chain) once you are tied to a wallet every move you have ever made with it will be there to see forever. Whether that be government or stalkers. Here, many post intimate details which when combined with the very visible wallet could lead to bad results if someone with ill intent were of a mind and used a bot to look for sizable wallets where the owner was posting information that would give location.

People should have woken up to this real scenario when Circle bought Poloniex. They, and everyone they deem a need to know (including purchasers of information, government etc) have all the wallet information to tie with bank accounts and transfers, etc. You see this a lot as well with WordPress plugins. It is started with goof intent, then they sell the plug in and they insert backdoors and malicious code into the plugin that is already installed on the sites for future exploit. As well as could be used for data mining.

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Yeah, it can be pretty worrisome. I try to keep my info private by not letting it out in the first place hehe. Some people have no qualms about it though...