Monero's Riccardo Spagni really did give one of the better responses to the age-old and poorly-thought-through question: "Why should I care about privacy if I have nothing to hide?" in this article by The Block.
I'm a big fan of the closed-door-in-your-home example. Really I am. It's familiar. It's easy to understand. We practically live online these days, so positioning the internet as a sort of second abode isn't too far from the truth.
Where this metaphor falls short, though, is it makes a false equivalency between the physical and the virtual.
How we're wired
Before joining the cryptocurrency industry, I was in the big data industry. Predictably, privacy is something we spent a lot of time thinking about.
One of the best articles I came across that underscored why people are so careless about their digital footprints was by a woman who decided to request all her personal data from Tinder. And she received all 800 printed pages.
"We can't feel the data. This is why seeing everything printed strikes you. We are physical creatures. We need materiality." I think about this last quote often because it elegantly articulates what I've always felt on an instinctual, gut-level.
It's almost sacrilegious to write positively about fiat in this newsletter, but this is also the same line of logic that sometimes leads us to spend more when we shop online or with a credit card, rather than with physical dollars.
It's easy to be more careless when you don't physically see something happening. It's almost as if it isn't happening at all.
Shutting the door is natural because you can physically see it open. Implementing 2FA for the average user isn't natural today - it seems superfluous. Kind of like adding a $20 airline ticket protection when you've never missed a flight in your life.
I'm, of course, not suggesting you physically print out all your data from sites in order to appreciate the gravity of privacy-preservation. That would be environmentally irresponsible. But I do still wonder what it'll take until privacy is naturally prioritized. More FaceTime bugs? More GAFA data breaches (or sales)? I'll leave this open-ended for you all to write me back (by directly responding to the email) to let me know what you think.
IN CASE YOU MISSED IT
🗞For today's trending headlines head on over here.
LAUNCHES OF THE DAY
🚀 Arwen A new Layer 2 protocol that wants to become for trading what the Lightning Network is for payments.
🐦 Polybird A Security Token Offerings exchange just launched its beta.
🎓 Bridge Academy TD'er Ankit Kumar Singh launched Bridge Academy to help people find a career in the blockchain space. They're opening applications for their second cohort now.
🔵 Goerli Part of ETC Cooperative, Goerli makes deploying and using PoA testnets easy. Speaking of ETC Cooperative, Consensys' Bob Summerwill recently joined as executive director...
Since late last year, Storecoin has been sharing essays and discussions from their governance peer review with the Token Daily community. This effort is not only about improving the p2p governance proposal, but also about Storecoin's belief that the most durable, scalable, and global blockchain ecosystems of the future will have its roots in shared, open research.
And now, Storecoin has officially launched Storecoin Research.
First, the team's adding a new public peer review group focused on their leaderless, high-throughput, and asynchronous Byzantine fault-tolerant consensus algorithm called BlockFin. Sign up to join the future peer review here.
Second, Storecoin is also announcing their research grant program with $1,000+ of individual bounties for research in areas around STORE governance, security, consensus, and economics. Researchers will also be invited to present at GovCon 2019, Storecoin’s first-ever conference in San Francisco. To learn more, visit http://research.storeco.in