How To Make Private Transactions, & Why It's Crucial

12 snips

Aug 17, 2023

Financial privacy is crucial for a free society and is currently being monitored and controlled. The podcast discusses the challenges and limitations of achieving financial privacy, the importance of privacy in cryptocurrency transactions, and methods to enhance privacy in crypto. It also emphasizes the need to prioritize privacy and suggests practical privacy tools and practices.

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Introduction

00:00 • 2min

Challenges of Achieving Financial Privacy in the Digital World

02:20 • 10min

The Challenges and Limitations of Using Cash for Financial Transactions

12:48 • 20min

Enhancing Privacy in Cryptocurrency Transactions

32:41 • 13min

The Importance of Financial Privacy and Privacy in Cryptocurrency

45:40 • 1min

Improving User-Friendliness and Understanding Privacy in Zcash

47:02 • 3min

Privacy Tools and Practices

49:55 • 9min

https://youtu.be/tIr9GfCtd9U
https://open.lbry.com/@NaomiBrockwell:4/Private-Transactions:b

Financial privacy is essential for a free society, because it allows us to support causes we believe in without fear of retribution, to flee dangerous situations without being tracked, to live our daily lives without feeling like every choice we make is on display and needs to be self-censored.

How can we have a truly free society if the way we interact with the world around us is constantly monitored and controlled? But that's exactly what's going on right now. In this presentation I explain how surveillance of the traditional financial system works, and what solutions there are for reclaiming your right to financial privacy.

00:00 Financial Privacy Is Crucial for a Free Society
2:22 Traditional Financial System is Controlled, Censored, and Monitored
3:29 Talk Overview
5:38 Everyone Is Selling Your Financial Data
6:42 People Are Persecuted Because Their Payments Are Monitored
8:42 History of Financial Surveillance
13:02 3rd-Party Doctrine
14:07 Cash
17:59 Bitcoin
18:40 Cryptocurrencies are NOT private!
19:53 Tip #1: Use Privacy Coins
26:20 Tip #2: No Pass-Through Privacy
29:11 Tip #3: Break Up Patterns
33:57 Tip #4: Protect Against OSINT Privacy Leaks
39:23 Tip #5: Beware of Active Analysis Tricks
44:55 Alternative Financial Systems ARE The Answer
47:03 Audience Q&A

Traditional privacy tools like cash continue to dwindle in relevance, but cryptocurrencies like privacy coins present themselves as torchbearers of financial privacy in this new digital era.

But the level of privacy you get is contingent upon the choices you make -- it's not enough to use things like privacy coins, you have to know how to use them properly.

Special Thanks to Zcon for inviting me to speak!

Brought to you by NBTV team members: Lee Rennie, Cube Boy, Will Sandoval and Naomi Brockwell

To support NBTV, visit https://www.nbtv.media/support
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NBTV's new eBook out now!
Beginner's Introduction To Privacy - https://amzn.to/3WDSfku

Beware of scammers, I will never give you a phone number or reach out to you with investment advice. I do not give investment advice.

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