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As one of the comments point out, at least one of these 'professors' is wrong about anonymity. Don't let the title fool you into crediting more authority than w
by ArchD 13y ago
As one of the comments point out, at least one of these 'professors' is wrong about anonymity. Don't let the title fool you into crediting more authority than warranted. I shouldn't have read this article.
- dllthomas 13y agoBitcoin does not have anonymity; it has pseudonymity with a public transaction record. Depending on your needs and what other precautions you take, that may be good enough, but it's not the same as handing someone a pile of small, unmarked bills.
- pygy_ 13y agoFreshly minted coins are as anonymous as the public IP that claimed them. If you mine behind TOR (even if you're part of a pool), your new coins are anonymous. The same goes for the transaction fees.
- dllthomas 13y agoIs anonymity in the minting of coins the piece of this anyone cares about?
- pygy_ 13y agoMy point is that it is possible to get and spend bitcoins anonymously, by trading electricity for coins. This: > Bitcoin does not have anonymity; ... is thus not true. If you purchase your coins through an exchange, it becomes traceable, off course.
- shardling 13y agoBut since the end game of bitcoin is that basically no new coins will be mined, how does that matter?
- dllthomas 13y agoYou can still get coins to a fresh account through transaction fees.
- dllthomas 13y agoAnd I reiterate, that's not what people care about. We don't, primarily, target drug users; we target dealers. You can't receive and then spend bitcoins without there being patterns in the network that should be worrisome for anyone wishing to retain strict anonymity. This can be attacked further through policy (merchants must register accounts and can only deal with registered accounts), &c, to undermine flow of anonymous value. From an anonymity standpoint it is certainly a better situation than using your mastercard (or even someone else's mastercard, maybe) but it's not as anonymous as physical transfer of value with no record.