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61 - Before Bitcoin | Peter Pan

Bankless

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Decoding Privacy: The Role of Encryption and Decentralization

This chapter explores the evolution of public key encryption and its impact on personal privacy, emphasizing the risks of traffic analysis and unprotected data. It also covers the foundational ideas of decentralized systems for financial transactions and the challenges faced by influential thinkers advocating for anonymity. The discussion culminates in a critical examination of data collection practices by major tech companies, while offering a hopeful perspective on the future of digital privacy.

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