Bitcoin: Our Best Tool for Privacy and Identity on the Internet

Cryptocurrencies can improve security and grant users more granular control over when and how they choose to identify themselves. Here's how.

Poor security and poor privacy have costs: identity theft, merchant compliance costs, chilling effects on speech, and cloaking costs from user self-help. Cryptocurrencies, such as Bitcoin, can be used to improve security and grant users more granular control over when and how they choose to identify themselves. We outline these potential benefits and describe how they can be achieved without hamstringing the investigatory powers of law enforcement or the goals of financial regulators.

A downloadable PDF version of this report is available here.