Speaking in Davos at an event co-hosted by The Block and E8 Partners, Riccardo Spagni, the lead maintainer of a privacy project Monero, spoke about why privacy matters to him and why he thinks it should matter to everyone. Spagni is convinced that financial privacy is a basic human right.
“Privacy is not when you want to hide when you plan to overthrow the government, but privacy is the natural state of things,” he says. “As an example, when you go to the bathroom, especially a public bathroom, you typically close the door. And the reason you do that is because you’re not going into the bathroom and planning to overthrow the government. You could be but chances are you aren’t. You’re going to use the bathroom.”