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            • Bitcoin Price Volume Decline with Lowering Volatility
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      • Mortgage rates today, April 3, 2020 plus reviews
        • cmc currency details
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      • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
        • Cision PR Newswire
        • Coupons – Best websites
          • Aeromexico Rewards Chart
          • Get Avios Points Free
      • Today Bitcoin Price at $6,800 USD
      • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
      • Macropay on Alternative & local payment methods that are reshaping global e-commerce
      • Bank of America is preparing for a flood of Applications to Small-Business Loan
      • Microsoft might be the best tech stock in this market
      • US Airlines To Work Collectively, Consolidate Flights
      • Bank of America maintaining business continuity and protecting the bottom line
      • US long-term mortgage rates drop
      • Bitcoin Price Bulls have been rejected at $7,000
      • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
      • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
      • Chase bank will raise up to $10 billion
        • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
        • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
        • Bank of America agreed to allow 50,000 mortgage customers to defer payments
      • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
        • Roll up the Sleeves! American Airlines was down -10.34%
        • Mortgage calculator rates today April 2, 2020
        • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
        • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
          • With Bank of America card you can request a payment deferral online
            • Bank of America fields 150,000 installment deferral demands
          • Coronavirus – Travel Insurance no cover cancellations
            • Bank of America said it won’t cut any positions
        • Bitcoin Price Today April 2 – BTC rise to $6,700
        • Mortgage calculator rates today March 31, 2020
        • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
        • Bitcoin Price Recovering After a Sharp Decline
        • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
        • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
      • Bank of America U.S. Minimum Hourly Wage Reaches $20
        • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
        • P2P Crowdlending – Average Interest Rate 18%
        • $633 Million BTC Transferred For Simply $0.26 Payment
      • Prime ICO Advertising and marketing Companies
      • Bank of America will provide up to $250 million
      • Bank of America VC: You tend to do the wrong thing at the wrong time
        • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
          • Bitcoin Price Today April 3
          • Bitcoin Price Is Sometimes Bullish in Q2
          • Bitcoin Price Tumble Beneath $ 6,000
          • BTC Price Today 5 | April, 2020
          • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
            • Today Bitcoin Price at $6,600
              • Bitcoin Price Bulls Reaches: “Live or Die”
              • BTC Price Today | 6 April 2020
        • Bank of America sees big year for Microsoft ahead
          • American Airlines coronavirus downgrade
            • Bitcoin Price Rejected $6,600
            • Bitcoin Price Trace It Will Fall to $ 5 K
            • BTC Price Today April 4
              • Stock Market Today 31 March, 2020
            • US Bank Raises $586M Against COVID-19
              • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
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      • Mortgage calculator rates today April 1, 2020
      • Mortgage Calculator – Students Benefits
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      • Calculator for mortgage to millennials
      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
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      • Mortgage Calculator
      • Mortgage Calculator Rates Today April 3
      • Mortgage Calculator Online
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  • Fintech Zoom
    • Contact us
    • About Us
    • Why Fintech Zoom?
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      • Advertising
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      • Sponsored Content
      • Press Releases
      • Guest Posts
      • Ask for Proposal
  • Insurtech
    • Insurtech “Best of…”
      • Best Life Insurance of 2020
      • The Best Renters Insurance Companies 2020
      • Best Pet Insurance Providers of 2020
      • Best Home Insurance Companies for 2020
      • Best Car Insurance Quotes Online
      • Best Homeowners Insurance Companies of 2020
    • Insurtech Guides
      • Insurance will not cover coronavirus losses
  • Lifestyle
    • Real Estate
      • Aston Martin Residences
      • The Best Miami Luxury Homes
    • Entertainment
      • Gambling
        • Understanding Different Types Of Online Slots
        • How to Read Odds: NBA Odds
        • Online Casinos
        • Betting
          • US Betting Sites
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          • The Best Sports Betting Sites
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      • Gaming
        • GameStop
        • Roblox
          • Is Roblox shutting down? Vs. Robox will be listed NYSE
      • Music
        • Spotify
    • Luxury
      • Most Expensive Watches
      • Best Luxury Clothing Brands
      • Best Luxury SUVs for 2020
      • Porsche
      • Luxury Yatchs
      • Best Luxury Cars
      • Best Luxury Sports Car
      • Best Electric Cars
      • Best Luxury Yoga Retreats
      • The Best Luxury Sports Cars
      • Best Time to Buy a Car
    • Health
      • Sex
      • Covid-19
        • Direct Payments in coronavirus
    • Tech
      • iPhone 12
  • Loans
    • Loans Guides
      • First time loan with no credit
      • Find the Best Private Lender for Personal Loans
      • Emergency personal loans for veterans
      • Fafsa deadline
      • Cash Loans
      • Bad Credit Loans
      • Bad Credit Loans Guaranteed Approval
      • Merrill Lynch Benefits
      • Loans CLO Pain Just Starting With Leveraged loan Rating Cuts
      • Can you get a loan without a bank account?
    • Loans “Best of….”
      • Best place to get an auto loan
      • Best Loan for Students – The Best Private Student Loans of 2020
      • Best Student Loan Refinance of 2020
      • Best Business Loan Lenders of 2020
      • Best Personal Loans of 2020
      • Best Auto Loan Rates for 2020
      • Best payday loans 2020
      • Best Online Loans for Bad Credit 2020
    • Loans Calculators
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      • Student Loan Calculator
      • Loan Calculator
      • VA Loan Calculator
      • FHA loan calculator
      • Auto Loan Calculator
      • Boat Loan Calculator
    • Loans Companies
      • Quicken Loans
      • Rocket Loans
      • Nelnet Student Loans
      • Wells Fargo Student Loans
      • Discover Student Loans
      • AES Student Loans
      • Amigo Loans
      • Likely Loans
      • Tesco Loans
      • Sunny Loans
      • Great Lakes Students Loans
      • Caliber Home Loans
    • Loans Types
      • Payday Loans Bad Credit
      • Online Loans
      • Personal Loan
      • Personal loans for debt consolidation 2020
      • Payday Loans
      • Auto Loan
      • Student Loans Calculator: Pause Scholar mortgage Funds
      • Payday Loans
  • Cryptocurrencies
    • Crypto “Best Of…”
      • Best Crypto Wallets 2020
      • Best Crypto Hardware Wallets of 2020
      • Best Cryptocurrency Exchange 2021
      • Best Crypto to Invest in
      • Greatest Cryptocurrency Tax Software program 2020
      • Best Crypto Trading Bot
      • Best Cryptocurrency Exchanges | April 2020
    • Wallets
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      • Crypto Exchange News
      • Exchange Fee
      • Crypto Exchange Ranking
    • Services – ICO
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      • ICO – Premium Listing
      • ICO Calendar
      • Greatest ICO itemizing websites ICO Score Businesses (2019) | Cryptocurrency ICO Checklist | ICO Calendar
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      • ICO – Connect Investors
      • Airdrops News
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      • COINBASE
    • Top Cryptocurrencies
      • Tether
      • Bitcoin Cash
      • Dogecoin
      • Litecoin
      • Bitcoin
        • Bitcoin Guides
          • Bitcoin ATM near me
          • How to get a lot of bitcoin for free?
          • Bitcoin BTC Price
          • How to Buy Bitcoin
          • Bitcoin
          • Where to buy Bitcoin?
          • Bitcoin Price Guide
          • How to Mine Bitcoin on PC
          • Bitcoin Halving
          • How Long does it Take to Mine 1 Bitcoin?
          • What can you Buy with Bitcoin?
          • Easiest Way to Buy Bitcoin
          • Bitcoin Hoje
          • Bitcoin Halving
          • How to Make Money with Bitcoin
          • Bitcoin Price Prediction
          • Bitcoin Tax
          • Bitcoin Value
          • Bitcoin for Beginners
          • Mercado Bitcoin
        • Bitcoin Calculator
          • BTC to USD Converter
          • Bitcoin Preev
        • Bitcoin “Best of…”
          • 23 Best Place to Buy Bitcoin Online 2020
          • Bitcoin Betting
          • Best Bitcoin Sports Betting Sites 2020
        • Buy Bitcoin
          • Buy Bitcoin With Gift Card
          • Buy Bitcoin with Credit Card
          • Buy Bitcoin Cash
          • Buy Bitcoin Anonymously
          • Buy Bitcoin with credit card
          • Buy Bitcoin with Prepaid Card
          • Buy Bitcoin with Paypal
          • Buy Bitcoin Near Me
          • Buy and Sell Bitcoin
          • Buy Bitcoin: Best Ways to Buy BTC Instantly
          • Buy Bitcoin at Walmart
          • Buy Bitcoin ATM
          • Buy Bitcoin Through Paypal
          • Buy Bitcoin Without ID
        • Bitcoin Price
          • Bitcoin Price USD
          • Bitcoin Price Live
          • Bitcoin Price Live Ticker
          • BTC to USD
          • Price of Bitcoin
          • Price Charts – Bitcoin Price
          • Bitcoin 가격
          • Bitcoin Price Prediction
        • Bitcoin News
          • Current Bitcoin News
            • Bitcoin Price Analysis is now value as a lot as PayPal
            • Bitcoin Price Volume Decline with Lowering Volatility
      • Ethereum
        • Ethereum News
        • Ethereum Worth
      • Ripple
        • Ripple Price
        • Ripple News
        • Ripple
  • News
    • Fintech News Today
    • News
      • Mortgage rates today, April 3, 2020 plus reviews
        • cmc currency details
          • cmc exchange details
            • Shortcodes
      • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
        • Cision PR Newswire
        • Coupons – Best websites
          • Aeromexico Rewards Chart
          • Get Avios Points Free
      • Today Bitcoin Price at $6,800 USD
      • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
      • Macropay on Alternative & local payment methods that are reshaping global e-commerce
      • Bank of America is preparing for a flood of Applications to Small-Business Loan
      • Microsoft might be the best tech stock in this market
      • US Airlines To Work Collectively, Consolidate Flights
      • Bank of America maintaining business continuity and protecting the bottom line
      • US long-term mortgage rates drop
      • Bitcoin Price Bulls have been rejected at $7,000
      • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
      • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
      • Chase bank will raise up to $10 billion
        • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
        • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
        • Bank of America agreed to allow 50,000 mortgage customers to defer payments
      • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
        • Roll up the Sleeves! American Airlines was down -10.34%
        • Mortgage calculator rates today April 2, 2020
        • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
        • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
          • With Bank of America card you can request a payment deferral online
            • Bank of America fields 150,000 installment deferral demands
          • Coronavirus – Travel Insurance no cover cancellations
            • Bank of America said it won’t cut any positions
        • Bitcoin Price Today April 2 – BTC rise to $6,700
        • Mortgage calculator rates today March 31, 2020
        • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
        • Bitcoin Price Recovering After a Sharp Decline
        • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
        • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
      • Bank of America U.S. Minimum Hourly Wage Reaches $20
        • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
        • P2P Crowdlending – Average Interest Rate 18%
        • $633 Million BTC Transferred For Simply $0.26 Payment
      • Prime ICO Advertising and marketing Companies
      • Bank of America will provide up to $250 million
      • Bank of America VC: You tend to do the wrong thing at the wrong time
        • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
          • Bitcoin Price Today April 3
          • Bitcoin Price Is Sometimes Bullish in Q2
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A Discussion on Freedom, Privacy & Cryptocurrencies

Oliver Smith by Oliver Smith
August 8, 2020
in Payment Systems
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Home » A Discussion on Freedom, Privacy & Cryptocurrencies

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Dr. Richard Stallman is famous because of his free software movement activism. His addresses and work revolve round a term: liberty. And it’s just that phrase that prompted Stallman to start the GNU Project, founding the Free Software Foundation and discharging the GNU General Public License, among other endeavors, to market the free software idea.

RMS, as Dr. Stallman is also known, has some remarks about the idea of cryptocurrencies which have been extensively discussed in the crypto community.

Three freedoms

To comprehend the idea of liberty Stallman frequently cites in his addresses, he also clarifies the distinction between “free software” and “open source,” since the latter term is most often wrongly credited to his job:

“The concept of free software is an issue of wrong and right. Justice and injustice. The concept is that consumers deserve control over the applications which they’re using. You as an individual of applications deserve control over the applications that you’re using, and you deserve to be free to connect with different users to do this controller together, whichever classes you decide to take part in. Concretely there are just four essential freedoms that consumers have to have in order to get complete control within a given app. ‘Freedom 0’ is your freedom to run the program in whatever way you need for almost any function you have. ‘Freedom 1’ is your freedom to examine the program source code and alter it as you desire. Hence that the program does exactly what you really need. Both of these freedoms you are able to apply by yourself alone.”

Stallman states the other two freedoms must do with collaboration with other people, as “Freedom two” is the liberty to create “accurate copies and re-distribute them to other people when you want”:

“‘Freedom 3’ would be to create and distribute copies of your altered versions when you’ve left any, taking benefit of liberty 1. And liberty 2 we create and distribute those copies when you desire. When the consumers have four of those vital freedom then the users control the program both individually and together.”

Stallman explains that if the free software movement started in 1983, there were people who enjoyed the free apps that “our neighborhood had grown, however they discovered or doctrine too radical since it spoke about wrong and right, instead of mere convenience, achievement, etc.”

CBDC along with the idea of solitude

Individuals from the crypto and standard technology communities have been speaking about the Chinese government’s goal of starting its own fundamental bank digital money (CBDC), in addition to strategies of this Bank of Thailand to establish a project to pilot test its CBDC payment method with the greatest building material supplier in the nation. However, others think that CBDC might be a surveillance way of authorities to track the financial activities of its own citizens. Stallman blames the “totalitarian surveillance” of the Chinese government with this particular distrust:

“Digital payment systems are fundamentally dangerous if they are not engineered to ensure privacy. China is the enemy of privacy. China shows what totalitarian surveillance is like. I consider that hell on earth. That’s part of why I haven’t used cryptocurrencies that are issued by the community. If the cryptocurrency is issued by a government, it would surveille people just the way credit cards do and PayPal does, and all those other systems meaning completely unacceptable.”

However, he does not see any contradiction when speaking about this genesis of the cryptocurrency theory and the truth it might be issued by a government:

“Contradiction is a really specific idea. What’s a cryptocurrency? It’s the usage of a distinct technological method. In case a government implements that procedure, I really don’t see that it is a contradiction. But when the government uses it as a surveillance apparatus, I believe that’s vicious.”

The creator of the Free Software Movement pauses to describe the idea of “privacy” when speaking about crypto’s solitude:

“What is privacy? Privacy means having the ability to say and do things with no being understood to a powerful entity that may use them to strike you. Generally, the things you do shouldn’t enter a database. The things you say to a couple folks, they should not enter a database. Nowadays, exceptions for this are occasionally warranted. We would like the authorities to explore. This requires a little bit of editing. We would like the authorities to explore crime and catch criminals. And that could require getting private advice from individuals and about individuals.”

Stallman also involves legislation that limit the use of face recognition cameras from the roads or license plate recognition cameras, setting the United States as an instance of implementing surveillance procedures:

“We want laws limiting the use of these cameras to be certain databases which monitor people around town since they move around cannot be collected. Any systematic effort to recognize people aside from people subject to particular court orders, possibly, a limited exclusion because their limitations are secure for society. They won’t lead to overall repression. That is the strategy that must replace data security .”

This Q&A was lightly edited for context.

Fintech Zoom:  What’s your personal experience with cryptocurrency? Have you ever held or transacted something such as Bitcoin?

Richard Stallman: The answer is no. I do not do any sort of electronic obligations, and the rationale is that the systems that exist don’t honor the consumer’s privacy, which includes Bitcoin. Each Bitcoin trade is printed. Now, people may not understand my wallet belongs to me personally, but when I used it over a few times it’d be possible to work out it’s me. Individuals with sufficient information could do this. I would rather use cash. And that is how I purchase items.

I really do email checks for numerous things in which companies understand who I’m. While I pay the electric bill and the gasoline bill, well I’ve got an account with these companies and I must cover it. They send me invoices with my name on it, therefore that I don’t eliminate anything by sending them checks along with my name on these also. However, when I visit a shop and purchase something, the shop doesn’t have right to know who I’m. And I will not tell you who I am, therefore I do not use the present digital payment methods.

There’s another thing that I do not enjoy about Bitcoin, which is it is not hard to use for tax evasion. I do not do this, but you will find companies that do enormous amounts of tax evasion, and it’s a large issue. It impoverishes most people. This means the government does not have sufficient cash to do what the government ought to do. There are a whole lot of things we want the authorities to perform to have a society that’s very good for everyone.

Fintech Zoom: What about different Bitcoin alterations created for solitude?

Richard Stallman: I’m unsure about them. Whatever the circumstance, the GNU project has generated some thing better, which can be GNU Taler. GNU Taler isn’t a cryptocurrency. It’s not a money in any way. It’s a payment method made to be used for anonymous payments to companies to purchase something. It’s anonymous via a blind touch for your plaintiff. On the other hand, the payee must identify itself for each buy so as to get money from this machine. Hence the idea is that you can use your bank accounts for Taler Tokens, and you’ll be able to spend them along with the payee will not have the ability to tell who you are. 

It will not have the ability to tell you have the token out of a certain bank accounts at a specific time, though you did this. To convert your payment to cash in its own bank, the shop (the payee) will need to identify itself. This provides privacy in a far more reliable manner than cryptocurrencies do, and it blocks the concept of using this system to allow tax evasion.

GNU Taler lately had an exciting landmark. A couple of months past the eurozone banking system became interested in encouraging Taler obligations, and only recently they triumphed having a test setup in acquiring Taler tokens with a single bank accounts and paying them into a different bank account via the Taler system. Now, it is not something that anyone can use but it is going to be, and which is going to be very exciting. 

Shops are going to have the ability to begin accepting payment in Talers, which may be helpful with electronic purchases because everything you pay using a Taler, the website could send the information you’ve requested for to you through the exact same connection. It will not need to understand that you are, just that you just paid. Utilizing Taler payments for deliveries is somewhat harder. This takes a method of essentially anonymous mailing. Whether there are pickup boxes and respective places, post offices, convenience stores which don’t belong into a monopolist such as Amazon – incidentally, I boycott Amazon totally, I have never purchased anything via Amazon, and I recommend people to not get people for me personally via Amazon – but in the event the shipping boxes were independent of any provider so that anybody could send to them, you can get using the right shipping box, and define it with your payment, along with the item could be sent there. You’d have code to show that you’re the buyer of it. 

Fintech Zoom: What do you consider Facebook’s Libra job?

Richard Stallman: I have not attempted to research anything about the particulars of Facebook’s money endeavor because the most significant thing about it I know. It is linked with Facebook, and Facebook signifies surveillance. I recommend people to join me absolutely refusing to use Facebook or instead be employed by Facebook. Since Facebook does not have users. Facebook has employed. Therefore do not be a sucker, don’t be employed by Facebook.

Fintech Zoom: Have you noticed anything recently that may change your mind on cryptocurrency?

Richard Stallman: My complaint of cryptocurrencies is not anything new. I have felt this way about them ever since I saw them. Now, I am not against them. I am not campaigning to remove them, I simply don’t particularly need to utilize them. In terms of the concept of analyzing the source of Bitcoin, well, I am convinced it is a very interesting program to research, but I do not have the time to examine this source code of the app for my own curiosity’s sake. I am so overloaded with work that’s not what I’d opt to do if I am not performing work.

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