The Coming Privacy Wars

The Coming Privacy Wars

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The payments weren’t privatized through a mixer, but in those days, they didn’t need to be to fulfill their intended obfuscating function. All that changed when the New York Department of Financial Services introduced the BitLicense, whose reporting requirements made the bitcoin payments program unworkable in Afghanistan. In effect, NYDFS killed bitcoin privacy, which in turn deprived those young women of an income.

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