We are committed to consumer protections that have been outlawed in New York State.
We believe it is reckless and ethically impermissible to extract personal, private information from our users, if it is not necessary for the service they're using. Companies which capture this information expose their users by needlessly storing sensitive data in a central repository, which inevitably becomes a target for hackers and other malicious actors.
Even multinational companies and trillion-dollar governments have been unable to build a track record of data security.
Consider that in America alone, identity theft resulting from these treasure troves of personal data caused over $24 billion in losses to consumers and businesses in 2012, compared with only $14 billion for all household burglary, vehicle and property theft combined.
In other words, identity theft is the biggest and most costly form of theft in our society.
Fortunately, Bitcoin and blockchain technology have enabled a new standard of financial privacy and consumer protection that was sorely needed. No longer must an individual expose sensitive private information when engaging in transactions.
After all, the best way to protect consumers is to not collect and store their sensitive information in the first place.
Unfortunately, in spite of the technological achievements that now protect consumers, some jurisdictions have legally mandated the continued extraction of sensitive private information and the centralization of this data. Therefore, as we must comply with the law, and as we refuse to endanger our users, our services are censored from these jurisdictions:
For jurisdictions which have elected representatives, we've provided contact information below. Please let them know about the importance of the consumer protection afforded by blockchain technology, and the costs and risks forced upon consumers in jurisdictions which continue to censor it.