Monero's Riccardo Spagni: "Financial privacy is a basic human right"

Quick Take

• Riccardo Spagni, the lead maintainer of privacy coin Monero, spoke about why privacy matters to him and why it should matter to everyone 
• Spagni argues that financial privacy is not desired only by bad actors, but should be desirable to people who value their own personal data
• Spagni says that the problem with many privacy enhancing systems is optionality, as it turns out that many people don’t opt in to use the privacy layer
• “Arguing that you don’t care about the right to privacy because you have nothing to hide is no different than saying you don’t care about free speech because you have nothing to say.”