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Bitcoin offers pretty poor privacy. Bitcoin is basically like using a credit card that posts every purchase you make on the Internet. Now, unlike a credit card
by lukeschlather 13y ago
Bitcoin offers pretty poor privacy. Bitcoin is basically like using a credit card that posts every purchase you make on the Internet. Now, unlike a credit card your name isn't necessarily tied to the a bitcoin wallet, but realistically you're unlikely to have more than a few bitcoin wallets, and even if you have multiple ones, any transfers you make between them will also be publicly broadcast, so someone with a bit of computing power can likely compute with very high probability what you're doing with your money if they can locate a single transaction they know you have made.