Acne Buterin a few posts in the Ethereum subreddit questioned the theory about the power of the Rothschilds and their impact on the global financial market. It is important to note that under the Rotshildov Buterin involves not only representatives of this dynasty, but also of other influential figures from the world of “old Finance”:

Whether the Rothschilds are well enough coordinated to be a cause for concern? I read the Wikipedia article about them a few days ago, and now they are just a group of several hundreds or thousands of people occupying the birthright different positions in society system of old money.

If these people of high society old money want to do your own currency — please, the power in their hands; I’ll see you on the moderately free market.

Modified: seeing the answers, I decided to explain that it’s just about people occupying different positions in society system of old money, and the theory that they represent anything more than that, unfounded.

Then the boy gave a detailed answer to the question about mass surveillance, in which he described his vision of the role of confidentiality in the development of society. He says a few years he believed in a well-functioning society in which optimum would be a way for everybody to see everything, and the value of privacy for ordinary people, for it was expressed in “the ability to buy marijuana, sleeping at the office and another way to get around the stupid rules,” and “to maintain a healthy balance of power, because, no matter how good the full transparency, if the government will have a watchful eye, and the rest will be in the dark, this will give the government too much power”.

But then Buterin realized that even in a hypothetical just society where all are equal, some privacy would be nice. He explains what made him reconsider his position:

  • Read Robin Hanson, and other literature about the signals and the understanding that a large part of our life still consists of them. In principle, I see privacy as a way to prevent signal problems, which cover all our activities, and create areas where we can optimize our General and personal happiness, not other people’s opinions about us.
  • A deeper understanding of how to ruin the lives of others, even as a law-abiding citizen, and the realization that privacy is an important tool of self-defense in such situations.
  • The awareness that people are not always virtuous, and that social pressure as a mechanism of influence on people’s behavior does not always lead to results, which I approve (see recent thread about online mobs, leading to the dismissal of people for their political views). Understanding how bad today’s mainstream media and why people seek to protect themselves from them.

He argues that mass surveillance is a problem. You can’t trust governments large corporations and their interests, as this can create points of centralized data collection that can be hacked. In the end, this can anyone. However, according to Vitalik, in the physical space surveillance is inevitable, so you need to “at least try to make it so that the Internet has become more secure and private place.”