3 ms·

I would never expect privacy from exchanges. Some of my clients directly pay me in Bitcoin for services I render for them. Funds go directly from wallets my cli

by lrvick 5y ago

I would never expect privacy from exchanges. Some of my clients directly pay me in Bitcoin for services I render for them. Funds go directly from wallets my clients control to wallets I control as if they handed me cash. No exchanges involved. We report taxable events but the transaction histories need not be shared with central third party private companies. Also even when you buy Bitcoin on exchanges you can always trade it for Monero via a number of swap services then back to Bitcoin again. Now you broke the history and have private Bitcoin again.

yunohn 5y ago
But, do you actually do that for every single transaction you do? And, you trust exchanges to not sell/use your data? And, you expect everyone to be their own bank and laundering/mixing pool? That's a lot of effort...