Why Micropayments? The Internet Was Meant To Provide Value To Users, Not Spy On Them

That is the primary in a 10-episode video collection specializing in Bitcoin privateness, filmed at bitcoin++ Privacy Edition in Riga and elsewhere. Every episode will contact on some side of Bitcoin privateness, instruments to make use of Bitcoin privately or surveillance strategies.

Privateness is heads, censorship resistance is tails. They’re two sides of the identical coin. 

Every little thing folks do collectively is inherently interactive. When these interactions can’t be performed privately, after they change into frequent public information, the individuals could be subjected to exterior strain. They are often shunned, shamed, jailed or penalized in lots of different methods. 

With out privateness, you don’t have any censorship resistance. With out privateness, most individuals will censor themselves. 

On this second episode, I sit down with Calle, the creator the Cashu ecash protocol, to debate the lack of privateness on the trendy web. In an period the place giant web platforms are accessible without spending a dime, the true price of those platform is paid for by sacrificing your privateness within the identify of promoting income.

This financial mannequin of the web is a wild departure from the unique imaginative and prescient of customers paying for accessing to sources. The “402 Fee Required” error message was part of the HTTP protocol from the very begin.

We talk about how Cashu as a car for bitcoin micropayments provides an opportunity to show issues round, and construct the privateness respecting web the early designs of the world extensive internet envisioned to start with.

Watch the discuss under: