It was in those anxious, feverish days, dear reader, when the world spun upon the axis of Progress—a spinning so relentless that only those without souls failed to get dizzy—that a certain Vitalik Buterin, known to the world as a co-founder (and to his mother as “Vitalik, eat something, you look thin!”), raised his voice among the crowd.
Artificial Intelligence, that marvelous artifice of man—capable of mastering games, composing sonnets, and soon, perhaps, reading the very worries that corrode a person’s heart—advances every hour. As for the rest of us? We are left clutching our privacy like a kerchief to our chests, feigning composure, but quietly dreading the moment it is plucked away.
In that illustrious and sometimes acrimonious debate—cryptocurrency privacy—where men disagree as to whether one’s fortune ought to be private, public, or somewhere in between, Buterin descended, as Tolstoy’s Pierre might enter a drawing room: earnest, slightly bemused, and unable to leave things unsaid.
In a recent epistle published on his blog—where, thankfully, no dancing bears appear and the samovar is always hot—Buterin mused that privacy’s importance now surpasses even fresh bread at a Moscow banquet. It is a matter of ensuring, as only a Russian aristocrat would say, that “the power does not fall into the hands of those whose moustaches curl too menacingly.”
Buterin writes, presumably with an eyebrow raised so high it could rest upon his hairline:
“AI is greatly increasing capabilities for centralized data collection and analysis while greatly expanding the scope of data that we share voluntarily. In the future, newer technologies like brain-computer interfaces bring further challenges: we may be literally talking about AI reading our minds.”
Vitalik Buterin
One can only imagine the tea-room panic, the monocles fogging, the babushkas whispering: “Will my secret recipe for borscht now be public property?”
‘Defining challenges of our time’
Yet, it is not merely the machinery that inspires dread. Geopolitics—those perennial gusts that blow hats off heads—add another dimension. There exist, Buterin suggests, ever so many organizations, each clutching your secrets tighter than a countess grasps her pearls: payment processors, telephone companies, bureaucrats reciting Dostoevsky at security checkpoints.
“In general, policing all of these entities at a sufficient level of rigor that ensures that they truly have a high level of care for user data is so effort intensive on both the watcher and the watched that it is likely incompatible with maintaining a competitive free market.”
Vitalik Buterin
And then, as even Russian literature acknowledges, no government lasts forever. A regime friendly today may decide tomorrow to confiscate more than your private keys. Stability, it turns out, is as reliable as spring weather in St. Petersburg.
Ari Redbord, who presumably has seen enough parliamentary ructions to make a duma member blush, confided in crypto.news that crypto privacy is one of those problems that makes philosophers sigh and regulators ask for more vodka. 😏
“After 9/11, that debate played out in airports and public spaces — today, it’s happening on blockchains. The goal is to protect the rights of lawful users to transact privately while preventing rogue regimes, scammers, and cartels from exploiting pseudonymity to move illicit funds.”
Ari Redbord
‘Not a choice between security and privacy’
Yet, hope is not dead. As dawn follows night (unless you are far enough north), Buterin presents potential solutions. Zero-knowledge proofs—proof of personhood! One may prove oneself real while maintaining enough mystery to intrigue even Anna Karenina. Privacy Pools, shouting, “My money is clean!” without showing its less appealing relatives. Privacy Pools like Railgun are already trundling along, a freight train of anonymity.
He even touts on-device anti-fraud scanning. The computer reads your mail so your mother doesn’t have to, suddenly making technical intrusion look almost kindly (until it isn’t).
When asked if such privacy tools could be misused by ne’er-do-wells, Redbord replied, “It is not a choice between privacy and security. It is about building both!” (No answer as to whether ‘building’ means a very sturdy dacha.)
“With tools like blockchain intelligence, zero-knowledge proofs, digital ID, privacy protocols, and smart contracts, we can thread that needle and build a financial system that is both open and safe. In fact, it is not a choice between security and privacy when it comes to blockchains, the technology uniquely allows us to have both.”
Ari Redbord
Proof of provenance? Buterin proposes using blockchain and secret handshakes (zero-knowledge proofs!) to help people verify the journey of their goods: not just where my caviar came from, but whether its travels harmed any Siberian sturgeon. All this, without revealing the entire aquatic itinerary or, heaven forbid, the contents of the czar’s pantry.
Summing up—and not without a pinch of Russian fatalism—but also possibly optimism, Buterin warns against a world where privacy is as rare as a bottle at the end of a Tolstoy evening: the rich and powerful knowing all, the rest of us peering through frosted windows. “To support privacy for all and make our tools open source, universal, reliable, and safe,” he notes, is “one of the important challenges of our time”.
To which Tolstoy might add, “And yet, despite it all, people keep on dancing.” 💃🕺
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2025-04-15 16:09