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Bitcoin is anonymous if you aren't an idiot about it. I mean seriously, all you have to do is generate a new address everytime you send or receive coins. Which
by agorabinary 14y ago
Bitcoin is anonymous if you aren't an idiot about it. I mean seriously, all you have to do is generate a new address everytime you send or receive coins. Which is a click of a button.
If anything, this "Bitcoin isn't actually anonymous" is the real misinformation.
- AndrewDucker 14y agoIf address #1 received a coin, and then address #2 transfers the coin out, and there are no mentions of that coin in-between, then can someone be sure that address #1 and address #2 are actually the same address?
- pseudonym 14y agoExcept that's still traceable. It makes it a pain in the ass, sure, but any point where you need to deal with an exchange to get money out is a point where you lose your anonymity. So it's fair to say "Bitcoin can be anonymous IF you have a way to get bitcoins without exchanging dollars for bitcoins, and IF you're only exchanging said BTC for non-physical goods that don't need to be shipped somewhere", but that's about it.
- oleganza 14y agoThe problem still remains when you want to aggregate or split funds. Imagine you receive small payments in 100 different addresses and then want to buy a new computer. If you create a single transaction with all those addresses as inputs, you make a big trace of a single owner of all of them. I myself not worried about that at all - if you have to hide your stuff from someone, then the problem is not in the hiding techniques, but in the threat. Today the biggest threat is the govt, not some thieves whom you don't want to tell when you go to vacation.