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Author Topic: BITCOIN NOT SO ANONYMOUS!  (Read 924 times)
KonstantinosM
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September 12, 2018, 10:08:18 AM
 #61

Bitcoin is not Anonymous, But its transaction is Anonymous.

Not true, if you know recipient's address, you can track every transaction on explorer...

And it's an accepted standard that you're supposed to change  your address for every transaction. It's not convenient but that's a best practice.

A merchant is unlikely to be anonymous anyway, but as a consumer nothing stops you from doing that. It's just a click of a button.

Syscoin has the best of Bitcoin and Ethereum in one place, it's merge mined with Bitcoin so it is plugged into Bitcoin's ecosystem and takes full advantage of it's POW while rewarding Bitcoin miners with Syscoin
brutalboy
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September 13, 2018, 05:15:46 PM
 #62

Bitcoin's anonymity depends on a number of factors, but traceability of transactions raises certain doubts as to the level of anonymity. Maybe I'm paranoid and don't understand it, but when I saw transactions on the blockchain website leading from my wallet to other transactions that occurred before coins reached my wallet, I freaked out a little despite the fact that I didn't commit any crime....
engrawaz
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September 13, 2018, 05:54:33 PM
 #63

I think yes!, using cash for purchases is more anonymous than using Bitcoin "For Now". But confiscable, centrally controlled, easily inflated are the characteristics of fiat money. think about it.
Muhammedayo
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September 14, 2018, 06:59:33 AM
 #64

Bitcoin in itself is not a privacy coin i.e it's not anonymous.
It's better said as to be pseudo anonymous.
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