Topic: About Bitcoin Privacy - page 2. (Read 434 times)

Thank you for all the responses that help straighten out and complete the shortcomings I posted in the op.
I do not deny that what I will do will not fully meet the requirements for obtaining full privacy as long as I am still using Windows on a computer device or still using a smartphone to access Bitcoin.

My aim in this post is not to advise other people, but the four points I mentioned are an effort that I will try to make to protect my privacy from my negligence as a user who still relies on articles sourced from other people that I consider useful for my learning process.

Yes. According to my reading sources, Tor is better which I didn't mention there.

Regarding the first point, it depends who is sending you the bitcoins: if it's always the same person/company I don't see why keep changing the address, I see more problems than advantages in that case because it could create some kind of confusion.
And the second point, you can even have a specific wallet just for that use case, so there is no direct connection with the main wallet you use and then use a mixer or a no-KYC exchange as bridge before sending the BTC to the main wallet.

Two things.

• Broadcasting the transaction to the public isn't the same as having your real name tied with an address, publicly. Obviously, you send transactions to the public (ergo, broadcast them), because the ledger is public. What they probably meant is the latter.
• Nobody calls an address "public".

To everyone out that's more paranoid about the Matrix seeing their moves, you can learn how to use Linux particularly Arch to switch your geolocation so you're really in a different place and use a Virtual Box for stuff that don't necessarily need a permanent save in your computer.

Issuing new addresses after each payment is tedious asf, maybe if you have a way that automates that process both from you and the people that will be paying you it's probably good but if it's manual as much as everyone suspects, I think it's not the priority if you want privacy. Also, why take all these steps in privacy? If you're that scare about people finding out about you, just use Monero. Remember that you probably have a birth certificate and you have an Internet access, it's not really difficult to track someone if they're still connected to the Internet with the right tools of course.

Maintaining privacy is a continuous learning process. Everything may change after a month or a year, but as long as you learn and do not trust a third party, you will enhance your privacy. These tips are good, but they are not enough to stay safe from currency tracking services, I might add:

 - The best Tor is because in the case of a VPN you need to trust the service provider.
 - Do not use block explorers.
 - Run a full node and your own block explorer.
 - Use a mixing service without linking your inputs.

Bitcoin may also be a tool for “becoming” poor. It all depends on how you use it. The bitcoin doesn't have clear “instructions” on how to use it, as a tool, and therefore, everyone finds their own use for the bitcoin. If someone uses the bitcoin as a different tool than you, this is not a reason for outrage.

Pseudo-anonymity, to be precise.

With the help of an address, the public can know all the transaction traffic, but this does not mean that all these transactions are associated with you and it is impossible to determine without additional data who sent bitcoin to whom.

Well, at least someone understands the importance of privacy. Tell those who promote CBDC about this.

Using free VPNs? Then your data, instead of getting to “some”, will get to “others”. There are doubts even about paid VPNs. So, this point requires improvement.

I think that's a bit exaggerated. Continue as you have been doing so far. If you are too careless, try to be a little more careful. Safety is always good, but it should not reach the level of paranoia.

As mentioned in the comments, we have to do some things, we have to give our addresses clearly and there is no problem in doing that. So these articles need some updating. It would be more useful if OP's articles (1,2,3) were updated in more detail.

Op you provided the best solution for how to protect your privacy but there are some issues that may be occurring in it. Let's take the second point as an example. Let's suggest I run a business or I do some job and want my payment so how I get my payment. To receive my payments I need to publish to them so that they transfer my funds in Bitcoin. Similarly, the first tip is also good but why did the person change his address for the same job? I it is possible for you are work with somewhere else then I will create new and separate addresses for both.

1. Let's take for an instance, you are currently wearing the shuffle signature right, From what you are saying here you have to change your Bitcoin address in every weeks payment you are to receive in your current campaign? I don't think this would be necessary mate
2. Then why was it called a public address, if you aren't allowed to publish it to the public. How are you supposed to receive payment or transactions when you don't give out your public address.

Know what you're doing.

Seriously if you don't know what you're doing and just rely on article or someone else guide, you will not able to protect your privacy.

It's start as easy as not share your location or activity in social media.

It's correct to use new address, not publish your address, better to use Tor than VPN, and use open source wallet. But if you still use closed source and spyware system operation e.g. windows, how can you achieve full privacy?

Because it literally publishes itself as evidence that the same entity has been paying you? You should never reuse addresses, unless there is a significant burden with it. (i.e., if you're a signature campaign manager, it's time consuming and provides no tangible difference)

Come on, seriously. I think everyone can acknowledge that several topics are being recycled over and over, but is the privacy one really repeated? Because I mainly observe everything around price, government concerns, satoshi, and countries banning it / adopting it.

I don't mind doing this -- I actually find it useful (same address, different wallet, and the even another wallet to unlink) but it is something that could alert someone who wants to know about people.

Say a script that looks for an address receiving regular, same amount payments, high likelihood that it's a salary to the same person. And that person happens to sell at some point. Exchange KYCs. Then alerts an authority. Who then knows now the person has a fixed salary from said company, possibly violating tax/economic/ etc sanctions.

Easiest scenario I can think of.


Strange that users now don't remember this cardinal rule of single address use is really easy and even a default feature in some wallets =)

If you're using a proper wallet, you'll have all the addresses you've ever used in it, you can even label them internally. My main hot wallet has hundreds of addresses labeled -- even if you ever forgot, the coins are always there, and trackable.

Not sure why you think new address use is a problem unless you're using a bad wallet. Then how do you keep track of change unless you specify coin control?

How exactly one can afford to always use a new address to receive payments? Won't it lead to even more problems with forgetfulness and inattention, which in your opinion are one of the reasons for disclosure of privacy? Moreover, you won't keep those bitcoins in your wallets forever. Sooner or later you will want to exchange them for fiat, and this is the link that most provokes the violation of anonymity. Therefore, your proposed steps will not help in this case.

In turn, this thread will too.

I've never heard of that, what do I know bitcoin isnt good enough as an anonymous financial instrument on its own.

This would not give you total privacy, if you want total privacy you have to run you own node over Tor, you can use a full node wallet like BTC core or run your own Electrum server if you use Electrum. If you connect to third party servers they can see all your addresses and know your ip addresses too.

I think I was misquoted probably because my sentence weren’t clear, but what I meant was aside the primary aim of satoshi that bitcoin can act as an alternative for payment, it can be used to gain profit through either the investment you mentioned or through trading. The word aside wasn’t emphasized by me probably but I didn’t mean that just using it for payment purposes will bring profit

If you use Bitcoin for payment as a sender or receiver of a trade, it does not bring profit. Payment is payment between two trade partners of a trade and value of the payment is fixed, no profit for either sender or receiver.

Bitcoin only can help you gain profit if you hold it as an investment, as a reserve for a while and during your holding time, Bitcoin has good rise in its price. If you receive bitcoin as payment from a trade, don't hold it but cash it out, it does not create profit, never.

Venezuelans who have to accept bitcoin for their businesses even small ones, said in some interviews that after a few months, they disappointed because they started to accept bitcoin in a bull market, months later bear market came and they had loss by receiving and holding bitcoin for a while. It is a good example for you, I think so.

We can become lost in the Bitcoin forest and forget about privacy. General privacy apathy is the issue. People believe "Oh, its just an address," but they dont realise that addresses are like breadcrumbs that lead to the whole loaf! What happens when privacy tools like VPNs fail? You're taking steps, which is great, but how many consider this in the big picture? We must always be watchful and ready to adjustrivacy techniques in the never-ending struggle for privacy.

Congrats on focusing on Bitcoin balance and privacy, which is sometimes overlooked. Please dont lose sight of this important issue between earnings and losses.

The reason why topics which are directly focused on privacy are not anymore common is that this has been discussed for many years already. Privacy is a fundamental aspect of Bitcoin. This has been talked about over and over again. But you must have noticed how it surfaces every time a new topic is brought up in which privacy is at stake. That's because every time something has implications on privacy, it must be discussed. Privacy is sacred and is valued.

For example, privacy is defended when talking about CBDCs. Privacy is also defended when we discuss about KYC and AML. Privacy is also brought up when we speak about centralized platforms or custodial services.

So I have to call you out for wrongly saying that privacy is rarely taken seriously. You couldn't be more wrong. And you are also wrong when you said that Bitcoin is famous for its anonymity. Bitcoin is not offering anonymity.

By the way you are also wrong in advising everyone to try not to publish your Bitcoin address to the public. Bitcoin has a public address. That is what is being shared publicly. How can you not publish it to the public when that is meant to be given to anybody who needs it? That's what others need in order to send you Bitcoin.

What I will say regarding this is that the it is everyone’s responsibility to have their his forum in order so that we can actually reduce the spam on it. On this I would say whenever you see a thread that is not placed on an appropriate board then it is right for you to report to the moderators to move the thread or just tell the OP to move it to the appropriate board. If it is a thread or reply you feel lacks substantial weight or meaning then you can report it also to be deleted, it is everyone’s responsibility to get the forum clean and just leave them and complain on another thread.


There’s nothing beating privacy but that is also subjected to each individual, some people prefer to have there stuffs on the public and as such bitcoin is open to just any one who wants to use this to their satisfaction been it having your total privacy or not so concern about it. That is why it is mostly regarded as pseudonymous rather than anonymous.

Concerning bitcoin been seeing as a tool for just profit I don’t see everything bad in it since bitcoin provides people with that benefit aside it’s main purpose of been an alternative to the traditional way of making payments so there is nothing bad rather shows the vast advantage of bitcoin that everyone can fit in but just make sure you are investing an amount that you can
Lose and do not blame the system for lose.