Privacy vs. Regulation
Sebastien raises concerns about the intrusive nature of blanket data collection by regulators on crypto transactions, highlighting the potential infringement on privacy rights. Friederike advocates for a balanced approach that allows states to collect taxes while protecting individual privacy, suggesting the use of zero-knowledge proofs to verify non-taxable transactions without revealing personal details. Both emphasize the need for cultural pushback against excessive transparency in the name of regulation.In this clip
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