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I wonder how many Bitcoin users have read and understand the following extensive list of privacy "pitfalls" (mistakes that can reveal information about unwary B
by 37ef_ced3 6y ago
I wonder how many Bitcoin users have read and understand the following extensive list of privacy "pitfalls" (mistakes that can reveal information about unwary Bitcoin users):
https://en.bitcoin.it/wiki/Privacy https://en.bitcoin.it/wiki/Privacy
Are you careful to avoid these numerous privacy pitfalls? If not, you're leaking information about yourself, into the public ledger (blockchain)
- Trasmatta 6y agoIt makes me wonder how many people have gotten busted for either buying or selling drugs with cryptocurrencies, thinking it was automatically safe and private.
- ineedasername 6y agoIt's simply an extra layer & bit of effort law enforcement has to jump through, and as understanding of crypto permeates society & law enforcement, even those barriers will be removed.
- XargonEnder 6y agoWow that's a ludacris list of pitfalls. I've overwhelmed just looking at the list of sections in that document.
- ineedasername 6y agoWell, I think it's important to keep in mind that the criticisms seem specific to bitcoin, not crypto in general, and some of them are perfectly valid observations (even if you don't consider them "bugs")
- brianobush 6y agoMost BTC holders are on exchanges that all have KYC rules in place, so there is no anonymity or privacy assumed. It is just like buying KO shares on Etrade.