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"Crypto" sounds "cryptic", so lots of people think it's anonymous by virtue of accidental branding. Most people don't realize bitcoin has any ledger, public or
by unsupp0rted 3y ago
"Crypto" sounds "cryptic", so lots of people think it's anonymous by virtue of accidental branding.
Most people don't realize bitcoin has any ledger, public or otherwise. They think of it like cash transactions, but with virtual money.
Basically people think Bitcoin is that which Monero actually is.
- geerlingguy 3y agoI've seen many instances of Bitcoin called "anonymous digital currency." I'm pretty sure outside the HN bubble, a lot of people thought one of the aspects that drew people into BTC was the fact it was 'untraceable' and 'just a bunch of random addresses', not requiring you to have a bank account, postal address, etc...