Post
Topic
Board Bitcoin Discussion
Re: Is it true that if you bounce bitcoin back and forth to different wallets
by
Kryptowerk
on 26/06/2023, 00:35:17 UTC
that after a certain amount of time the bitcoin becomes practically anonymous? As in, not being able to be traced back to the original KYC exchange, or in the case of "tainted" bitcoin, that?

As others have already stated, the simple answer is no.
If you care for coin anonymity, you should check out mixing services. Ideally open-source wallets with so called whirlpool features. See the wallet section of this forum. This is a good start: https://bitcointalk.org/index.php?topic=5457078.0

On the topic of why you can't just send your funds to a few new addresses that you own to create anonymity, search "chain-analysis".
https://cointelegraph.com/news/antonopoulos-chainalysis-is-helping-worlds-worst-dictators-regimes

Generally I would recommend to check out Andreas Antonopoulos as a first resource to get informed about some Bitcoin fundamentals.
https://www.youtube.com/@aantonop/videos