Post
Topic
Board Bitcoin Discussion
Re: Why do we need anonymity?
by
Savantor
on 13/08/2019, 10:57:37 UTC
If a person sends a tip in bitcoin, he or she may not want the recipient to know how much money they have.   Anonymity protects both sender and recipient from potential harm.

If a person inadvertently receives some bitcoin that can be traced to previous use in an illicit transaction, that bitcoin is potentially worth less than other bitcoin.  Anonymity makes bitcoin more fungible so 1 BTC always equal one BTC.