Post
Topic
Board Bitcoin Discussion
Re: Privacy in Bitcoin
by
o_e_l_e_o
on 06/04/2020, 12:35:19 UTC
CoinsBank sees my transactions and addresses, because I spend my transactions through them
And I do not see this as a problem
Well, as long as you are aware that CoinsBank record everything they can about you, from your real name, address, date of birth, IP addresses, etc., through to your crypto addresses, transactions, and holdings, and share that information with governments, law enforcement, marketing companies, ticket sellers, banks, data harvesting and processing companies, and anyone else they like, as per their exhaustive privacy policy here: https://coinsbank.com/privacy.

I will never understand people who don't have a problem with such a complete and total invasion of their privacy.

And anonymity is only possible when you use cryptocurrency
In the case of using fiats, then everyone will show their data
Anonymity is only possible if you use cryptocurrency in the correct way to give yourself anonymity. The way you use cryptocurrency - via a third party custodial web wallet who shares or sells your data to anyone they like - gives you less privacy than if you used fiat.