Re:Brave, the false sensation of privacy
by gjsman-1000 on Friday June 18, 2021 @09:15AM
(#27549938)
That, at least, does have a reason. Uphold is an online exchange and crypto wallet more popular in Europe but very similar to Coinbase. The government doesn't want money laundering and other financial crimes, and you might disagree with KYC but at least there's some argument there.
I don't like that Brave doesn't say, on their Brave Rewards page, warning: You will need to give up your privacy to cash out. If that's OK with you, great; if not, don't set your browser to show ads for months before you try cashing out or you'll get a nasty surprise.
From Brave's perspective, there's also a conflict of interest here. Remember, when an advertiser spends BAT to show an ad, 30% goes to Brave and 70% to the ad receiver. Brave has every incentive to get that 30%, don't they? If that means you were fooled into leaving your browser showing ads thinking you could cash out without losing your privacy, they benefit. And that's why it really smells fishy that they don't mention it on their product page.
I don't like that Brave doesn't say, on their Brave Rewards page, warning: You will need to give up your privacy to cash out. If that's OK with you, great; if not, don't set your browser to show ads for months before you try cashing out or you'll get a nasty surprise.
From Brave's perspective, there's also a conflict of interest here. Remember, when an advertiser spends BAT to show an ad, 30% goes to Brave and 70% to the ad receiver. Brave has every incentive to get that 30%, don't they? If that means you were fooled into leaving your browser showing ads thinking you could cash out without losing your privacy, they benefit. And that's why it really smells fishy that they don't mention it on their product page.