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November 05, 2013, 09:15:30 PM |
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I was just thinking after reading an article about how easy it is to trace bitcoin back to where you bought it and who you are. Say you buy 1btc from a website where you verify and send your id, bank account details confirmed etc. etc. this is obviously not very anonymous, so potentially, could you just make, say 5 different wallets, only 1 of which is connected to your account on the exchange site, then just send your received bitcoin through all 5 leaving it in the 5th one. Surely this would mean it would be incredibly hard to trace back to the first purchase? This is all theoretical, I don't even own bitcoins, but is just an interesting idea, I'm sure it has been discussed before but I couldn't find anything. So do you think this would work to make sure your bitcoins were always unassociated with you and anonymous?
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