The
anonymity of Bitcoin (BTC) and other cryptocurrencies is a hot topic in the crypto space. While the transactions are open to track in a public blockchain, it is challenging to link a transaction with a real-life person in many use cases. As an identity-centric platform, Concordium takes a different direction by offering complete transparency. See more for yourself
here.
Your opinion is greatly appreciated.
Anonymity of bitcoin? Are they new to the crypto space? At best you get some pseudo-anonymity, just ask the Colonial Pipeline hackers.
The problem is NOT that there is too much anonymity, it is that there is way too little. Sure, maybe for some people they'll want complete transparency on their finances (you spend $500 on pornhub? or $500 on LSD? or $500 at the book store?), but most people know that freedom and anonymity go hand-in-hand. Anyone who values liberty knows that free speech requires the ability to do it anonymously. Just ask the protesters in the countries Russia, China, Taiwan, Cuba, Venezuela. Just ask anyone with an opinion in the US that isn't properly racist - e.g. judging people by the color of one's skin used to be a huge negative. Today, criticizing overt skin color based racism is grounds for cancelation.
The best thing about this is that it will highlight the importance of privacy and anonymity and the stupidity of projects that attempt to erode it.
Thank goodness that it appears that Taproot and Tapscript etc will lock in late tomorrow or early the next day depending on one's time zone because it will help the anonymity and privacy profile of bitcoin over time.
