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Great you get convenience for buying bitcoin but I thought one of the selling points of bitcoin was to keep payments and transactions anonymous. I don't want to
by smokelegend 6y ago
Great you get convenience for buying bitcoin but I thought one of the selling points of bitcoin was to keep payments and transactions anonymous. I don't want to have to provide ID just to buy/sell bitcoin, I certainly don't want the government to know about my transactions. I appreciate the privacy bitcoin transaction provide, why do people want to jeopardize anonymity for convenience?
- alisonkisk 6y agoBitcoin is not anonymous. it's pseudonymous at best. It's a public ledger.
- throwawaysea 6y agoIs there an alternative that is fully anonymous?
- SamPatt 6y agoThere are various "privacy coins" which aim to be used anonymously. Monero and Zcash (using shielded transactions) are the two most popular.
- riffraff 6y agoMonero[0] seems to be aimed at that, but I have no idea if it maintains the promise. [0] https://www.getmonero.org/ https://www.getmonero.org/
- fineIllregister 6y agoDoesn't Coinbase already require users to identify themselves for KYC regulations?
- TedDoesntTalk 6y agoAbsolutely yes
- TedDoesntTalk 6y agoYes