Theres a big misconception that bitcoin is entirely anonymous. Bitcoin is pseudoanonymous, in the sense that your name is not linked to your bitcoin address, but you still have a bitcoin address thats static and so it could technically be linked to you.
Is this a True ?
Is this a True ?
Of course. This is common knowledge.
Obviously bitcoin would be pseudoanonymous because of the fact that any transaction on the blockchain can be viewed, and every single address can be viewed and its balance clearly displayed to whoever wanting to see it. In a sense, bitcoin is much more transparent than any of the bank transfer systems.
While some privacy may be lost through this process, it's extremely hard next to impossible to track a bitcoin address alone down to a real life profile, especially if you take some normal privacy steps like not reusing addresses. This is because bitcoin is not centralized, and does not require any KYC, and allows you to have as many addresses as you want. Besides, mixers can be used on the network to obscure your tracks, so bitcoin is definitely still a pretty anonymous way to transact.