Is Bitcoin Anonymous Enough For You?

[gentlemand]

Possibly not but I don't really care anyway. If I did then there are enough options and services that do allow you to fade away.

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[vero]

i think it's enough even though bitcoin was not full of anonymous and probably bitcoin should establish cooperation with some large companies so that the existence of bitcoin accepted.

[iamnotback]

People using Bitcoin to move funds around thinking that if they've used a mixer then they are anonymous. They will be sad to later find out that all those mixers were compromised by meta data and/or infiltration. Bitcoin is a trap laid to entrap those who are easily duped on the technological capabilities. The only known technology that might be anonymous is Monero, but there are several problems to avoid: a) Monero allows overlapping rings, so via combinatorial analysis, your anonymity might be unmasked, especially if the rings were Sybil attacked, and b) your IP address was traceable across mixes. The mitigating actions are to mix Monero numerous times (other mixers can be infiltrated so don't use them!), and to not rely on I2P nor Tor, instead use an entirely virgin device that you never use for non-anonymous Internet activity and connect over an unregistered WiFi connection and far from your normal place of residence or work. And don't bring your smart phone nor GPS tracked vehicle with you while accessing the remote unregistered WiFi hotspot.

https://www.armstrongeconomics.com/world-news/g20-blames-your-psychological-problems-for-their-failure/

    “The G20 reiterates the high priority it attaches to financial transparency and effective implementation of the standards on transparency by all, in particular with regard to the beneficial ownership of legal persons and legal arrangements.  Improving the transparency of the beneficial ownership of legal persons and legal arrangements is vital to protect the integrity of the international financial system, and to prevent misuse of these entities and arrangements for corruption, tax evasion, terrorist financing and money laundering.

    The G20 reiterates that it is essential that all countries and jurisdictions fully implement the FATF standards on transparency and beneficial ownership of legal persons and legal arrangements and we express our determination to lead by example in this regard.   We particularly stress the importance of countries and jurisdictions improving the availability of beneficial ownership information to, and its international exchange between, competent authorities for the purposes of tackling tax evasion, terrorist financing and money laundering. We ask the FATF and the Global Forum on Transparency and Exchange of Information for Tax Purposes to make initial proposals by our October meeting on ways to improve the implementation of the international standards on transparency, including on the availability of beneficial ownership information, and its international exchange.”

[Viyamore]

i think it's enough even though bitcoin was not full of anonymous and probably bitcoin should establish cooperation with some large companies so that the existence of bitcoin accepted.

Yes ,but the good in bitcoin is not to easy to track any transaction made with it.that's why many use it as payment in illegal ways or things to buy.
Well i think that depends on a company that seen the possible profit in bitcoins in the future .someday that will happen many company will invest on bitcoins.

[Joel_Jantsen]

Would you, if asked, personally consider Bitcoin anonymous enough for your needs? Does it lack privacy features? Would you consider Bitcoin anonymous, semi-anonymous or transparent?

Do you want an anonymous crypto currency?

Kill all the exchanges and we will have a anonymous environment .Of course that's not possible right,we need a trust able source to buy bitcoins.I feel bitcoins would be completely anonymous if those shit exchanges stop asking for documents to process transactions.You can actually avoid that ,buy it from peers or boycott the entire bitcoin to fiat money or digital money scene ,you can have the best possible anonymity one can ever image.

Its still not enough for me because it can still trace.. you need to use any kind of mixers service before you can be a anonymous.

Not really.If you haven't posted your addresses openly or leave any trace that a particular address belongs to you,coins are still anonymous.Your online identity can be easily traced back to your location details from the website.If you're not anonymous as a person on the internet,how'd you make your address anonymous anyway.

Possibly not but I don't really care anyway. If I did then there are enough options and services that do allow you to fade away.

That's true.If you don't actually care about it,why bother posting anyway ? Its one of the most important things of the bitcoin protocol to "not be caring about".

[ekoice]

Bitcoin is anonymous to a partial level i guess but not much since you have to disclose yourself upon transactions and so far bitcoin is also getting so famous so it is no more very much anonymous currency.

[Superways]

With blockchain transactions we can trace any address to the end but this ends when the owner of the address do a deal(purchase etc) with another person and he transfers his bitcoins to another address or if he sell his coins on an exchange and after that it becomes harder to find the identity of the person using that specific address.

[MaritiJames3]

For me its anonymous enough because I do not do stupid things with it to be honest and you can still mix it right so its no problem..

[zimmah]

I dont need to hide my transactions, it's good enough for me.

It would be hypocritical to pay with debit cards/credit cards (which are even less anonymous, and then complain about bitcoin privacy.

[Wendigo]

Bitcoin is a toss between semi-anonymous and fully transparent. It's semi-anonymous because when I try to use one of the online Bitcoin exchanges my private info will be known upon withdrawal and probably will be leaked to some government institutions. After my identity is linked to my Bitcoin funds Bitcoin becomes fully transparent and everyone with the knowledge of following traces over the Blockchain could see what I have been doing. I don't have time nor desire to constantly run my coins through a mixing service so as to cover my tracks. For Bitcoin to be completely anonymous people have to only use websites that don't ask for personal information and don't use any exchanges or Bitcoin debit cards to withdraw funds and only seek private sellers. However I would like to say that for my needs Bitcoin is anonymous enough as I don't partake in shady deals nor do I purchase any illegal goods online so I actually don't care much about who has been stalking me.

[Moneroman88]

Anonymity in Bitcoin, as I can see from this thread's participation, is a topic that is not to be neglected.
Private transactions are more important than ever and people are becoming aware of that.

[countryfree]

I wish there was a "Yes, but could be improved" choice.
Anyway, BTC is quite all right, the real issue is with exchanges. I wish there shops somewhere where you could buy BTC over the counter and pay with cash, just like you do to buy a soda.

[Moneroman88]

I wish there was a "Yes, but could be improved" choice.
Anyway, BTC is quite all right, the real issue is with exchanges. I wish there shops somewhere where you could buy BTC over the counter and pay with cash, just like you do to buy a soda.

I've added that option to the voting options just now. Thank you for the suggestion, I agree that my voting options have not been the best in the first place.

[owm123]

Not for me. Waiting for CT+coinjont by default for everyone.

[Snorek]

Possibly not but I don't really care anyway. If I did then there are enough options and services that do allow you to fade away.

That's true.If you don't actually care about it,why bother posting anyway ? Its one of the most important things of the bitcoin protocol to "not be caring about".

Not caring is still a perfectly valid opinion and from what I noticed it is not that rare for people to 'not care' about bitcoin's potential anonymity.
I am not surprised that people are like that, after all we are living in the age when people are notorious for posting details of their private life on Facebook or Twitter.

[NeuroticFish]

Anyway, BTC is quite all right, the real issue is with exchanges. I wish there shops somewhere where you could buy BTC over the counter and pay with cash, just like you do to buy a soda.

You are right, but it's only half of the problem.
I wish there will be places where you can buy and sell Bitcoin, in the same way you can buy or sell any country's currency. And if that's not the banks, then at least the proper exchanges could do that.

[MWesterweele]

Yes bitcoin is anonymous enough for me.Registering  bitcoin wallets does not need any identity verification and addres verfication except some wallets like coins ph to add security on your account and stay protected.But if you're pertaining on transactions yes it is fully anonymous and even untracable at all,so you can ensure your safety o every transaction you will make

[jak1]

bitcoin is not anonymous enough. but it doesn't matter for peoples who use it for buying/selling and using for legal things and activities, peoples who do illegal things and transaction can be traced with some ways,
so don't use bitcoin for shit things,

[From Above]

Moneroman, are you asking if Bitcoin is anonymous enough for me because you would like to sell Monero to me? I would not touch Monero cuz it's inferior on every level

~CfA~

[groll]

Bitcoin still anonymous for me,Bitcoin wallet didnt require id for verification its account not like Paypal. Paypal need verification to able to use its other feature.