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Bit coin is not anonymous. It is literally a ledger of every transaction ever made. Monero is what you want if you value anonymity.
by llm_trw 3y ago
Bit coin is not anonymous. It is literally a ledger of every transaction ever made. Monero is what you want if you value anonymity.
- LordDragonfang 3y agoI mean, bitcoin is a lot more anonymous if you host your own wallet and don't cash out through an exchange (or don't cash out at all) - you're just a number. That's definitely not the modal use case today (where its primary use is as a vehicle for ~~gambling~~financial speculation denominated in dollars), but was a lot more common 10 years ago when that project was created.
- llm_trw 3y agoOr you just use a crypto currency with anonymity build in.
- LordDragonfang 3y agoSure, but that was probably pretty hard to do ten years ago when this was being developed, because, y'know, Monero didn't exist yet (or had only existed for a few months and had no users) Also, bitcoin actually was more private back then, because KYC rules were much more lax.