My questions is not on the technical side, since obviously you can create an address in a very much anonymous way. However, when it comes to spending it or convert it into fiat or even when spending it on a legit shop online you have to leave an identity trace.
I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts?
I am asking this because I intend to become rich in 4 or 5 weeks
Bitcoin is not anonymous, rather pseudo-anonymous. Bitcoin addresses & transactions are not tied to the identity of users however it is really difficult to hide your identity if you do transactions outside of the bitcoin platform because your personal information may be required. Once transactions leave the bitcoin platform and are traded for fiat they can be traced and the government can regulate and monitor them.