Bitcoin Anonymity Debate
The cluster focuses on debates about whether Bitcoin transactions are anonymous, pseudonymous, or traceable via the public ledger, including discussions of mixing services, deanonymization risks, and privacy-focused alternatives like Monero.
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Bitcoin is not "truly anonymous" by default. All transactions are public and can be traced back to you, unless you use non-logging bitcoin mixers for every single transaction.
I want to know this as well. Isn't every transaction traceable? I don't know much about BTC, anyone can elaborate?
Not if the transactions can be deanonymized as it has happened to Bitcoin.
Although bitcoin transactions are public, if you cannot correlate a hash to a human then they are essentially anonymous. The 'leaks' can only happen when exchanging bitcoin for traditional currency. Fortunately, there are ways to do this anonymously too. With some care, it is possible to stay hidden in the true sense, even though the currency is exchanging hands in public.
Bitcoin not being anonymous doesn't mean you can't anonymize your transactions.
Bitcoin transactions are not anonymous, but services such as Satoshi Dice do break the chain of transactions. Also, exchanging between various crypto currencies makes money very hard to trace.
People: commenter is correct. It's absurdly easy to anonymize txns on a blockchain, especially if you leverage cross-chains like Incognito.
Bitcoin does not have anonymity; it has pseudonymity with a public transaction record. Depending on your needs and what other precautions you take, that may be good enough, but it's not the same as handing someone a pile of small, unmarked bills.
That's why Bitcoin isn't anonymous. Use Monero XMR instead. Much more private. Transactions can't be tracked. (Some very advanced techniques might, but they are in the process of fixing it. Unlike BTC, they do care)
Bitcoins are somewhat traceable. But if you're not spending them, and just want to inject some bitcoin transactions into the network, there won't really be any link to a person. The main thing you'd have to be careful of is not to send the transactions from the same wallet you normally use to buy things.