Hello
Took me a while to find the forum I can post in lol.
Anyways, I've spent a lot of time researching bitcoins, and I still have a hard time wrapping my head around how it works.
Anyways, I'm doing a bit of work with someone overseas. We're kinda on an anonymous level. ANd he's going to be paying me
Western Union. He will probably pay me either weekly or biweekly.
Is there a way he can anonymously buy bitcoins, and send them to me, so the relationship still stays anonymous?
2) I was reading a post about someone getting hacked and losing their coins. Excuse my terms, but is this because everything
is open source, you can see which accounts are the most active thus containing the most currency?
Thanks for the help!
1.) of course it's possible to do anonymous transactions using bitcoin.
2.) people lose coins not because bitcoin is opensource (that's a good thing for security), but because their computers get hacked and someone steals their wallet. Encrypting it doesn't necessarily save you because attacker could install a keylogger and get your pw. Once you have more bitcoins, you'll need to think about securing your system and/or using offline wallets.
You can see which accounts have the most money, yes, but that doesn't tell you who owns these addresses or where these wallets reside, so you wouldn't know who to attack.