Smith's books include Field Guide to Effective Communication (2004), Corporate Aftershock: The Public Policy Lessons from the Collapse of Enron and Other Major Corporations (2003), Ecology, Liberty, & Property: A Free Market Environmental Reader (2000), The
Future of Financial Privacy: Private Choices versus Political Rules (1999), Environmental Politics: Public Costs, Private Rewards (1992), and Steering The Elephant: How Washington Works (1987).
During a presentation given at the Coinbase headquarters, Monero Lead Developer Riccardo Spagni, better known to the cryptocurrency community as FluffyPony, emphasized the importance
of financial privacy for users and investors of all types.
One final point made by Spagni during this portion of his presentation is that a lack
of financial privacy on a blockchain can lead to censorship by miners, who are the ones who decide which transactions get confirmed into each block.
Of course, the Credit CARD Act passed last year provides some protection against these practices, but even the fact that the issue has come up in recent years offers a troubling look at the
state of financial privacy in our society.
Due to the ineffective Australia / US Tax Treaty and FATCA, Australian citizens claimed as taxpayers by the US are burdened by US tax on their superannuation, punitive US tax on managed fund investments, and a
loss of financial privacy because their bank details are sent to the IRS.
Among the reasons Gevers lists for the region's attractiveness include a «stable predictable, neutral political system»; a
culture of financial privacy; access to talent; low taxes; public - private support for entrepreneurs; and the World Economic Forum's listing of Switzerland as the most competitive nation in the world.
Blockchain tech has gone a long way in the
realm of financial privacy, now Crypviser wants to build upon it and extend its use onto end - to - end message encryption by providing a blockchain - based all - in - one network for secure social and business communications.
In addition to being targeted by others, low
levels of financial privacy can also cause individuals to be unwittingly complicit in criminal acts.
This action affecting America's largest Bitcoin exchange — arguably the most comprehensive sweep of virtual currency for the purpose of identifying lawbreakers — has massive implications for the
future of financial privacy and taxation.
The recent abduction of UK - based Bitcoin and cryptocurrency exchange Exmo Operator Pavel Lerner has demonstrated the importance
of financial privacy for cryptocurrency users.