https://mises.org/wire/government-wants-your-crypto-data-and-lots-it


The Government Wants Your Crypto Data. And Lots of It.
10 COMMENTS
TAGS Big GovernmentBitcoinThe Police State
07/29/2020Allan Stevo
The Venezuelan government recently announced that its Administrative Service 
for Identification, Migration and Foreigners (SAIME) is now accepting bitcoin 
as a payment method for passports.

The problem with that is that bitcoin is not anonymous but pseudonymous.

To interact with any government using bitcoin is to reveal to them the wallet 
you are paying from. The blockchain is public. When commentators like Caitlin 
Johnstone and Stefan Molyneux or organizations such as the Mises Institute or 
TOR Foundation ask for bitcoin contributions, one can follow the money with a 
blockchain explorer to see how much comes in and how it is spent. One can also 
see who gave it to them if a donor hasn't exercised some caution in protecting 
their privacy.

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