Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is not anonymous, but rather pseudonymous.
by
Yaunfitda
on 05/08/2022, 11:38:04 UTC
The average person think Bitcoin is anonymous which just isn’t true.

All Bitcoin transactions can be seen on the blockchain and be tracked from the person who bought or sold on a KYC exchange.

This is why I love crypto in general, imagine every single person being able to see how the governments / politicians really spend tax money, you’ll be able to see everything on the blockchain!
Of course, everything is on the public blockchain, so anyone can check it, so it is not anonymous per se, nor it is private. And so it really hard to hide ourselves, maybe a good practice is not to reuse addresses, but then again, everyone is using CEX with KYC.

Or maybe use: CoinJoin: Bitcoin privacy for the real world.