4min chapter

The Foresight Institute Podcast cover image

Shielded Transactions: Andrew Miller, IUIC, ZCash Foundation, IC3 | Shielded Transactions Special

The Foresight Institute Podcast

CHAPTER

The Negative Future of Privacy

I think that there's a big risk of relying on blockchain technology automatically fixing privacy. It would be a mistake of attribution where the only reason why we have existing privacy is because there was no policy choice, but it's a mistake. And I think this is basically pervasive in banking as well and in financial institutions. The next systems that get built by inattentiveBlockchain engineers who aren't paying attention to this are likely to end up with very dystopic system.

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