Is the anonymity of Bitcoin causing problem globally ?

[ecnalubma]

bitcoin is not the problem, the people with bad intentions and bad purposes making it bad.

[absy]

bitcoin is not the problem, the people with bad intentions and bad purposes making it bad.

I agree but because of these "Bad guys / Hackers" Bitcoin is getting a bad name is what I am trying to convey . People who haven't heard of Bitcoin before will learn about BTC now and the first impression may not be that good is what I am afraid of.

[slaman29]

in "Bitcoins" because it can't be traced

Put some time to research, how much people become prison dreaming in it.

http://www.reuters.com/article/us-netherlands-crime-bitcoin-idUSKCN0UY0V8

The article says they were caught because large amounts of cash were deposited into their bank accounts and quickly withdrawn from ATMs. Their Bitcoins were confiscated.

So in fact, they were caught because of their fiat transactions - but your point still stands, just not with that article:)

[DoublerHunter]

bitcoin is not the problem, the people with bad intentions and bad purposes making it bad.

I agree but because of these "Bad guys / Hackers" Bitcoin is getting a bad name is what I am trying to convey . People who haven't heard of Bitcoin before will learn about BTC now and the first impression may not be that good is what I am afraid of.

We can't do anything because that is how bitcoin created and it has a feature of being anonymous and that is the vulnerable side for bitcoin because hackers love being anonymous and also the criminals so they take that advantage and use it to crimes and the effect of this is getting involved in the illegal activities and building a bad image towards the people who watches or read news.

[posternat]

Actually, the anonymity of bitcoin is really good but in that case those who are in illegal way of earning really love to use this because they cannot be trace by public or government and love to use for any transactions. People are getting clever so the internet does well develop. Also the anonymity of bitcoin were took advantage by those who are in illegal.

[CraigWrightBTC]

The anonymity of bitcoin will not causing problem globally on bitcoin but it will protect indentity of users bitcoin
their indentity never be known by all of people,
the anonymity of bitcoin is new revolution in currencies, it is new fetures when put the money in bitcoin
there are is not anonymity in fiat currency.

[Nahl]

even not fully anonymous but bitcoin had a feature which is don't have from other currency especially legal currency such as dollar or poundsterling but for those who blame bitcoin as the latest incident for ransomware i think they should be think twice because the main problem is to the hackers them self because even if bitcoin doesn't exist the hackers also will use other way to get money so bitcoin not deserve to be blamed

[absy]

The anonymity of bitcoin will not causing problem globally on bitcoin but it will protect indentity of users bitcoin
their indentity never be known by all of people,
the anonymity of bitcoin is new revolution in currencies, it is new fetures when put the money in bitcoin
there are is not anonymity in fiat currency.

Well that's what I am talking about . If it protects the identity of the users then it will make officials harder to find the hackers / attackers who are using bitcoin for malicious purpose . I agree that BTC is the future

[Reid]

If this hackers wants a large amount of money to be sent then they will be having a lot of problems.
One there is a limit to someone who wants his profile hidden. They cannot receive or send money like that. Wallets did that for security purposes like this.
Or they could hack someones profile and make it like his. But still there are ways ro trace IP's. Hell, even I love you Virus was traced in the suburbs of Philippines.

[gribble]

bitcoin is not the problem, the people with bad intentions and bad purposes making it bad.

Yes I agree with you so the anonymity in bitcoin is not problem
because everything depend on the users of bitcoin what will be done with it,
 and doesn't mean we must blame the bitcoin because it is anonymous
we can not blame the technology behind blockchain of bitcoin.

[DoublerHunter]

bitcoin is not the problem, the people with bad intentions and bad purposes making it bad.

Yes I agree with you so the anonymity in bitcoin is not problem
because everything depend on the users of bitcoin what will be done with it,
 and doesn't mean we must blame the bitcoin because it is anonymous
we can not blame the technology behind blockchain of bitcoin.

It is always up to the people on how they will use bitcoin because even the currencies that is not anonymous is still causing problem globally so we don't need to blame bitcoin for causing a problem because the only thing that we can blame is the users of bitcoin that keeps abusing it and using it for illegal stuff that is the root cause of global problem.

[Przemax]

Someone in this thread has name the bitcoin property ideally. Its not anonymous but a pseudonymous. People hide behind the pseudos called the id's. There is a user, there are transactions but there is no info about the user. That info can be gathered from various sources. Mainly the IP, surveilance, malwares, hacks. Its a work for a possible new job, or maybe not so new but involving the cryptocurrency tracking.

Using various mixers might be a way to safely withdraw your money, not giving yourself troubles, but only if you are not under surveilance already.

So the issue with bitcoin pseudonimity is that it helpes people not to be surveiled. If you are already surveiled your anonimity is most probably breached, unless you really know what you are doing. So the bitcoin is not design for large crimes without feeling the inpunity, at least not for everybody.

[xIIImaL]

Someone in this thread has name the bitcoin property ideally. Its not anonymous but a pseudonymous. People hide behind the pseudos called the id's. There is a user, there are transactions but there is no info about the user. That info can be gathered from various sources. Mainly the IP, surveilance, malwares, hacks. Its a work for a possible new job, or maybe not so new but involving the cryptocurrency tracking.

Using various mixers might be a way to safely withdraw your money, not giving yourself troubles, but only if you are not under surveilance already.

So the issue with bitcoin pseudonimity is that it helpes people not to be surveiled. If you are already surveiled your anonimity is most probably breached, unless you really know what you are doing. So the bitcoin is not design for large crimes without feeling the inpunity, at least not for everybody.

Nowadays many people are VPN plug ins to be hidden to avoid to find the IP location. Hacking and malware injection and all reduced completely in real project and in bitcoin as well.
If you being anonymous, will you do the scamming attempt in payment or illegal activities. As like most of the people won't do that. I agree, some people will do that. This is one of the highly recommended feature in bitcoin.

[Ucy]

Everyone should be looking at how to solve the problem of criminals using Crypto without  taking away (even a little bit)the anonymity. PEOPLE COMMIT DANGEROUS CRIMES WITH NATIONAL CURRENCIES wonder why the focus is on Bitcoin.
How do we even know  anti Bitcoiners aren't behind the attack to make Bitcoin look bad? There should be an intellectual debate on best way to resolve this problem without taking the lazy route

[bitbob82]

bitcoin is not the problem, the people with bad intentions and bad purposes making it bad.

I agree but because of these "Bad guys / Hackers" Bitcoin is getting a bad name is what I am trying to convey . People who haven't heard of Bitcoin before will learn about BTC now and the first impression may not be that good is what I am afraid of.

We can't do anything because that is how bitcoin created and it has a feature of being anonymous and that is the vulnerable side for bitcoin because hackers love being anonymous and also the criminals so they take that advantage and use it to crimes and the effect of this is getting involved in the illegal activities and building a bad image towards the people who watches or read news.

Well no doubt that the criminals like to anonymous but if we look at the feature of the bitcoin that in the end we need to convert them to fiat and it is through a banking system which is too strong to be breach and it can identify each and every person withdrawing the cash. So, those who have a problem with the anonymity shall know it that at the end it is not anonymous.

[dothebeats]

We know that "anonymity" is one of the main characteristic of Bitcoin and many people love to use Bitcoin because of this feature but is this causing problems worldwide?

The recent  Wannacry Ransomware attack is the biggest Ransomware attack in the history and the hacker/attacker has asked to pay in "Bitcoins" because it can't be traced . What can be done in this type of situations?

A group or individual has also threatened a big company in our country to pay him certain ( big) amount of money in BTC otherwise their employees would face many problems . Payments from other methods ( which hackers or attackers used before ) was traceable but what about Bitcoins ? What can be done ?

Anonymity was never the problem of bitcoin but the users who don't know how to protect themselves in such hacks. Bitcoin was being used for such illegal activities because of its pseudo-anonymity BUT it can be traced. Addresses could be watched, and it leaves taints whenever it create transactions. From there you would be able to identify where the money went--whether it ended to an exchange or no. Certain mixing services could be utilized, but if matters comes to the worst case scenarios, these services could end up giving the information of the output address for the said tx.

[TryNinja]

The anonymity of bitcoin will not causing problem globally on bitcoin but it will protect indentity of users bitcoin
their indentity never be known by all of people,
the anonymity of bitcoin is new revolution in currencies, it is new fetures when put the money in bitcoin
there are is not anonymity in fiat currency.

And that's the problem. Every government wants to have access and the maximum possible control over the life of its population. Not only because they do not respect the privacy of the population, but because there are times that it is necessary to have a certain control to guarantee its security.

As Bitcoin is totally anonymous, they lose that control, and so malicious people can commit crimes without huge risks.

[concept2]

what are you talking about? What is the problem you want to mention here? I have not ever seen Bitcoin causing any problem to the world and it even makes the world better. Bitcoin creates a new chance for people to become anonymous and protect themselves from the centralized sytem