Bitcoin Anonymity

[SoulBargain]

I want to hear your thoughts regarding this.

Would it be much better to continue its anonymity?

Or should Bitcoin cut the chase to establish itself much better, to increase its reputation or trust rating, or to finally have a face and know its concrete structure that will allow to open a new unimaginable possibilities like opening of a much greater opportunities of negotiations for the better i.e. as a company or anything?

 If so, what would happen?  


edit:

[UTC+8 March 19, 2017 9:23PM]

I will clarify some things:

1)What I meant from above is to reveal the faces behind Bitcoin in order to open a negotiation between a person like a head of state of a certain country to discuss the possibility of adapting the Bitcoin or in order to have a legal approach to this like legalizing it in their respective countries. E.g. we know that Satoshi Nakamoto is just a screen name and not an actual name of the founder tho.
2) I'll just state the obvious, of course the anonymity of an individual should not be revealed and also their transaction like the Bank Secrecy Law we have in our country (and I assume that every country have that, it might be in a different name but still imply the same).
3) If perhaps Bitcoin is in pseudonimity, should it be revealed what really is Bitcoin?
4) I understand the idea that there are things that should not be revealed but should we state the facts straight about Bitcoin like establishing some concrete detail about it like a normal company or organization or whatever you call it?
5) If Bitcoin is not anonymous then about the Bitcoin is anonymous then should they reveal it?
6) In relation to number 1, by doing some, Bitcoin can be legalized as some considered it illegal tho

If you have any clarifications, just message or leave a reply so I can make my poll with a much clarity as possible. Sorry if I seem to imply a wrong idea to you V.

[Iranus]

Bitcoin is not fully anonymous nor is it entirely open, and this is not something that can change.  The system relates to pseudonymity - the use of addresses as pseudonyms for who is sending and receiving.  This is visible to everyone on the blockchain and on block explorers.

There isn't really any option in existence which changes Bitcoin's pseudonymity and still keeps it as Bitcoin rather than a centralised online payment system (which to people who genuinely value their privacy would be far less credible anyway).

[dinofelis]

Bitcoin is not anonymous at all.  It is an open ledger, with transparent transactions.  Only multi-input-multi-output transactions confuse somewhat the inputs and outputs, but you can trace a coin from its beginning to its current ownership.  Any connection with real world data is propagated along these lines.

[BitcoinHodler]

Bitcoin is not anonymous. it offers some small level of privacy and a very small anonymity that creates the illusion of it being anonymous. and nobody wanted or wants it today to be fully anonymous.

if you want full anonymity use cash in a dark alley or look into coins like Monero and see if they offer such features.

[Xester]

I want to hear your thoughts regarding this.

Would it be much better to continue its anonymity?

Or should Bitcoin cut the chase to establish itself much better, to increase its reputation or trust rating, or to finally have a face and know its concrete structure that will allow to open a new unimaginable possibilities like opening of a much greater opportunities of negotiations for the better i.e. as a company or anything?

 If so, what would happen?  

*the results are shown after you vote so we can get your honest thinking regarding this

Even if we continue the anonymity of bitcoin we cannot but accept the fact that there are changes in this field. When countries started to adopt bitcoin they will require every users who uses the exchanges to submit valid id and personal information thus making every transaction no longer anonymous for the central bank and the government to see.

[Kprawn]

The Pseudo-anonymity of Bitcoin is just enough for the basic person to protect themselves. If they want a higher degree of anonymity, then they

can use Mixer services. Cash gives you pseudo-anonymity too... but if notes are "market" by someone who wants to track you, then you are

stuffed. If you mix those notes or you exchange it at places that makes it more difficult to track you... then you are essentially doing the same

with cash than what you doing with Bitcoin and mixer services.  

[ekoice]

Bitcoin is not fully anonymous.Its pseudo anonymous.Transactions are registered in the block chain.Its not like Monero where transactions are fully anonymous and which is largely welcomed and adopted by dark markets.

[OmegaStarScream]

We are fine as we are, I mean we could always implement TumbleBit for a higher anonymity level but that's something mostly people involved in shady transactions would care about. In the other hand, making the anonymity less will only make people leave bitcoin and make us no different from the banking system.

[paul gatt]

Bitcoin is not an anonymous item, it is a window of completely transparent and convenient transactions, a process of converting data that carries a tremendous value inside. If you keep track of it from the beginning, you will see its developmental stages and events occurring. All of that confirms its strength and potential. On the other hand, bitcoin is being accepted by many countries, which makes it legal, so it is not anonymous, it is gradually being realized. A good thing in the future

[SoulBargain]

Bitcoin is not anonymous. it offers some small level of privacy and a very small anonymity that creates the illusion of it being anonymous. and nobody wanted or wants it today to be fully anonymous.

if you want full anonymity use cash in a dark alley or look into coins like Monero and see if they offer such features.

I didn't meant for full anonymity but rather reveal the faces behind bitcoin. How can someone, maybe a head of state, negotiate with not knowing who specifically to negotiate with. In a sense, secrecy of the users should stay as it is and its transactions like a Bank Secrecy Law and I assume that all country have that Law.

[JosNekoKopa]

Bitcoin is anonymous if you don't use your real life accounts. You can mix it via mixers and exchanges, or buy anonymously and with DASH, MONERO but someone must deliver to you bought items.. There's anonymity can be compromised.

[SoulBargain]

Bitcoin is not fully anonymous nor is it entirely open, and this is not something that can change.  The system relates to pseudonymity - the use of addresses as pseudonyms for who is sending and receiving.  This is visible to everyone on the blockchain and on block explorers.

There isn't really any option in existence which changes Bitcoin's pseudonymity and still keeps it as Bitcoin rather than a centralised online payment system (which to people who genuinely value their privacy would be far less credible anyway).

Then, should Bitcoin reveal its real identity?

note: I've clarified some things so you may want to check it out V

[dunfida]

If we do see on hiding our identity shall we say our name and address then bitcoin is truly anonymous but talking about tracing up transactions i could say that its possible specially when do make transactions without using any mixing services or using big wallet,it can be traced up actually.

[BitcoinHodler]

Bitcoin is not anonymous. it offers some small level of privacy and a very small anonymity that creates the illusion of it being anonymous. and nobody wanted or wants it today to be fully anonymous.

if you want full anonymity use cash in a dark alley or look into coins like Monero and see if they offer such features.

I didn't meant for full anonymity but rather reveal the faces behind bitcoin. How can someone, maybe a head of state, negotiate with not knowing who specifically to negotiate with. In a sense, secrecy of the users should stay as it is and its transactions like a Bank Secrecy Law and I assume that all country have that Law.

that doesn't make any sense. because first of all bitcoin is open source and anyone can see what it is doing. the blockchain which is storing all the transaction is also open to anyone to look at, analyze and see what's what.

also if by "faces behind bitcoin" you mean developers of bitcoin, then there is no point in knowing who they are because again the code is open to see. and besides the identity of all of them is known as far as i know. go on Github and see them.

also "head of state" don't need to adopt bitcoin, people need to do that and when they do, it doesn't matter what the F head of state says or thinks. because bitcoin is decentralized and P2P

[SoulBargain]

Bitcoin is not an anonymous item, it is a window of completely transparent and convenient transactions, a process of converting data that carries a tremendous value inside. If you keep track of it from the beginning, you will see its developmental stages and events occurring. All of that confirms its strength and potential. On the other hand, bitcoin is being accepted by many countries, which makes it legal, so it is not anonymous, it is gradually being realized. A good thing in the future

Can you perhaps specify what countries are these? Do these countries you've mentioned negotiate with the owner of the Bitcoin and having issued a legal approach to it?

[Iranus]

Bitcoin is not an anonymous item, it is a window of completely transparent and convenient transactions, a process of converting data that carries a tremendous value inside. If you keep track of it from the beginning, you will see its developmental stages and events occurring. All of that confirms its strength and potential. On the other hand, bitcoin is being accepted by many countries, which makes it legal, so it is not anonymous, it is gradually being realized. A good thing in the future

Can you perhaps specify what countries are these? Do these countries you've mentioned negotiate with the owner of the Bitcoin and having issued a legal approach to it?

No countries as far as I know regard Bitcoin to be a legal currency.  While it is not anonymous, loads of people have now come to completely misinterpret what it actually is, which I expected to happen anyway.  It is not entirely public either of course, otherwise it wouldn't be widely used on the dark web.

[SoulBargain]

Bitcoin is not anonymous. it offers some small level of privacy and a very small anonymity that creates the illusion of it being anonymous. and nobody wanted or wants it today to be fully anonymous.

if you want full anonymity use cash in a dark alley or look into coins like Monero and see if they offer such features.

I didn't meant for full anonymity but rather reveal the faces behind bitcoin. How can someone, maybe a head of state, negotiate with not knowing who specifically to negotiate with. In a sense, secrecy of the users should stay as it is and its transactions like a Bank Secrecy Law and I assume that all country have that Law.

that doesn't make any sense. because first of all bitcoin is open source and anyone can see what it is doing. the blockchain which is storing all the transaction is also open to anyone to look at, analyze and see what's what.

also if by "faces behind bitcoin" you mean developers of bitcoin, then there is no point in knowing who they are because again the code is open to see. and besides the identity of all of them is known as far as i know. go on Github and see them.

also "head of state" don't need to adopt bitcoin, people need to do that and when they do, it doesn't matter what the F head of state says or thinks. because bitcoin is decentralized and P2P

Then how can a legal approach be possible with the faces behind bitcoin is not revealed. Let's say that this country has taken interest of Bitcoin and would like to open a discussion regarding to it and then undergo in legal process but how can it be possible with hiding this information. For example like Mark Zuckerberg revealing its basic details regarding himself or any known personality of a head of a company or organization.

The point is, why are they keeping this information a secret which in fact it should not be?

[SoulBargain]

Bitcoin is not an anonymous item, it is a window of completely transparent and convenient transactions, a process of converting data that carries a tremendous value inside. If you keep track of it from the beginning, you will see its developmental stages and events occurring. All of that confirms its strength and potential. On the other hand, bitcoin is being accepted by many countries, which makes it legal, so it is not anonymous, it is gradually being realized. A good thing in the future

Can you perhaps specify what countries are these? Do these countries you've mentioned negotiate with the owner of the Bitcoin and having issued a legal approach to it?

No countries as far as I know regard Bitcoin to be a legal currency.  While it is not anonymous, loads of people have now come to completely misinterpret what it actually is, which I expected to happen anyway.  It is not entirely public either of course, otherwise it wouldn't be widely used on the dark web.

Then, should Bitcoin just stay as it is shutting down the opportunity you aforementioned? And to clarify things up, these countries you've said didn't have formal approach in accepting Bitcoin in their country?

[SoulBargain]

We are fine as we are, I mean we could always implement TumbleBit for a higher anonymity level but that's something mostly people involved in shady transactions would care about. In the other hand, making the anonymity less will only make people leave bitcoin and make us no different from the banking system.

Should it be the other way around? If making the anonymity less then people will much trust Bitcoin and compared to a regular bank, Bitcoin has the upper hand with them for Bitcoin is not limited to a certain country nor put a high charge in their transactions and also Bitcoin is much convenient.

[DannyHamilton]

Satoshi Nakamoto is probably dead. Therefore, it will be impossible for him to reveal anything.

Fortunately, all of the source code for the Bitcoin program is publicly available.  Anybody can read it and see exactly what it does. There is nothing secret about it at all.  If a government wants to know how bitcoin works and what it does, they can just hire some programmers to look at the source code and tell them.

The software is also available for anybody that wants to contribute to the programming. If a government wants to influence what bitcoin will do in the future, they can just hire some programmers to add programming to Bitcoin.