Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin Anonymous Enough For You?
by
Wendigo
on 07/06/2016, 20:15:34 UTC
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.