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In a system where every transaction is public, how on earth would anyone think "it appears anonymous as hell on the surface"? One of the main features is the pu
by capableweb 4y ago
In a system where every transaction is public, how on earth would anyone think "it appears anonymous as hell on the surface"? One of the main features is the public ledger, and it's one of the first things you learn if you try to understand blockchains.
- GTP 4y agoStill, many people do think it is anonymous. Maybe it's because on the blockchain you have a long number instead of your name and surname, so some people think that the number isn't traceable back to them.
- patrickaljord 4y agoif you use cash to onramp and offramp and good vpns to transact your crypto, it is effectively anonymous, transactions will be public but there is no way to tell who's on the receiving end. The hard part here would be finding the cash, which is possible for organized crime. Lately, many have started accepting crypto so there is no need to offramp to buy many things.
- legulere 4y agoDo you wear a ski mask while exchanging cash and bitcoin, or how do you keep that private? Don't forget that your exchange partners are linked to your transactions.
- nmilo 4y agoBecause almost no one actually knows how it works. People hear "bitcoin" and immediately think of the dark net, Tor, anonymity, etc.