The importance of financial privacy and decentralisation

In today's Morning Note we want our readers to review our recent article on financial privacy and truly understand the risks associated if we end up with centralised blockchains and no privacy

The information contained here is for general information only. It should not be taken as constituting financial advice. Stormrake is not a financial adviser. You should consider seeking independent financial advice prior to making any personal investments.

Why the focus on free and open systems

“He that would make his own liberty secure, must guard even his enemy from oppression; for if he violates this duty, he establishes a precedent that will reach to himself.” – Thomas Paine.

We open today's article with a quote from philosopher & libertarian Thomas Paine to remind readers that it is important to be aware of what's happening in the world even if it doesn't affect you directly, YET. Cryptocurrencies are not simply the best performing asset class of the last decade but they are also important privacy-enabling, financially open and accessible networks. If we wish to have a free financial system, we must push back against surveillance that ultimately lowers our financial privacy and liberty.

Disclaimer

All statements made in this material are made in good faith and we believe they are accurate and reliable. Stormrake does not give any warranty as to the accuracy, reliability or completeness of information that is contained here, except insofar as any liability under statute cannot be excluded. Stormrake, its directors, employees and their representatives do not accept any liability for any error or omission in this newsletter or for any resulting loss or damage suffered by the recipient or any other person. Unless otherwise specified, copyright of information provided in this newsletter is owned by Stormrake. You may not alter or modify this information in any way, including the removal of this copyright notice.