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For clarity: 1. Bitcoin addresses are 100% traceable from the first to the last transaction that's ever taken place. 2. Tracing a Bitcoin address to an indivi
by BLKNSLVR 4y ago
For clarity:
1. Bitcoin addresses are 100% traceable from the first to the last transaction that's ever taken place.
2. Tracing a Bitcoin address to an individual depends on the individual's OpSec.
For example: bank account to exchange to Bitcoin is traceable with the help of the exchange's KYC records, assuming they have them. From there, any further Bitcoin transactions can be traced to an individual. Buying Bitcoin with cash in person may make traceability to an individual more difficult, but then you'd have to trust who you're meeting in person to not take photos / videos or have a meeting place swarming with CCTV, and both parties not already be using individually traceable Bitcoin addresses.
Monero and / or exchanges with little to no KYC (therefore, use at your own risk) may allow for some level of 'cutout' in the traceability. Or tumblers or coin mixers or other shady, questionably trustworthy services.
- kjkjadksj 4y agoThey have bitcoin atms now, just wear a surgical mask when you go into the headshop that has them and you are anonymous.
- merely-unlikely 4y agoThe ones I've seen require an ID. Not sure how universal that is though