Bitcoin not so anonymous? | Bitcointalksearch.org

DPrillio

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Quote from: monkeydominicorobin on February 04, 2018, 08:09:15 AM

Quote from: smoothrunnings on December 05, 2017, 03:53:12 PM

The IRS has stated that recently they can track down people who are making a profit of Bitcoin without claiming it on their tax return. I wonder if the Core Engineers will start to look at ways to keep Bitcoin anonymous from prying eyes of the IRS and other Governments?

What are your thoughts?

Thanks,

So who says that Bitcoin is anonymous. It is built as a transparent system.

Yes, bitcoin is not anonymous in fact most people around the world knows about the way points of bitcoin. The only anonymous thing in bitcoin is the transaction from the blockchain.

monkeydominicorobin

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✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

Quote from: smoothrunnings on December 05, 2017, 03:53:12 PM

The IRS has stated that recently they can track down people who are making a profit of Bitcoin without claiming it on their tax return. I wonder if the Core Engineers will start to look at ways to keep Bitcoin anonymous from prying eyes of the IRS and other Governments?

What are your thoughts?

Thanks,

So who says that Bitcoin is anonymous. It is built as a transparent system.

johhnyUA

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Crypto for the Crypto Throne!

Quote from: nullius on December 06, 2017, 09:00:36 AM

Such is the meaning of dragnet mass surveillance. It is the total destruction of even the most basic dignity. It respects nothing sacred, leaves no part of you untouched and inviolate, admits no freedom. It fears no gods, but deifies itself with omniscience and omnipotence. It is an invisible collar around your neck, from your cradle to your grave. “If you’re not doing anything wrong, you have nothing to hide.” No! Because I do nothing wrong, I have nothing to show. I am a man, not a worm; therefore, my life is none of your business.

Thank you for your posts. Despite, you're bitcoin fanatic, you're telling right things about civilization and relationships in it

raven1322

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Quote from: smoothrunnings on December 05, 2017, 03:53:12 PM

The IRS has stated that recently they can track down people who are making a profit of Bitcoin without claiming it on their tax return. I wonder if the Core Engineers will start to look at ways to keep Bitcoin anonymous from prying eyes of the IRS and other Governments?

What are your thoughts?

Thanks,

No need to worry about this, the trading being done in btc are technically not yet under the jurisdiction of the taxation system. Not unless you country has regulated it already.

yangjun1991

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Bitcoin is not really anonymous because it has a ledger recording all of our transactions and everyone could look up to our own bitcoin addresses but not our real information. Once they know who that person is using that address, you are doomed i guess.

wall101

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Bitcoin is known in different countries in our world case that I just do not even know who owns and who owns a bitcoin but for sure I do not worry about it because I like it because for bitcoin you earn just how big it is and how to use it and how to make it here because there are so many problems when you think about the owner here.

sidebyside

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I think it is anonymous. does not belong to anyone. It exists and grows not the management of any organization. Investors involved in bitcoin do not need to provide too much personal information.

Direwolve735

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The blockchain is opened, everyone sees everything. Bitcoin has "pseudonymity". For example, if an attacker demands a ransom for a wallet, then everyone understands that the wallet belongs to a bad guy. And since anyone can follow the transactions from this wallet, it will not be possible to simply take advantage of Bitcoin, because revealing the identity somewhere means the government immediately catch him. Almost at all stock exchanges for an exchange for ordinary money it is necessary to pass through identification.

Dapper

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Not anonymous but much more plausibly deniable than most modern forms of payment. Bitcoin plus a good attorney or two is all you need.

Sorliand

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Bitcoin not so anonymous but most anonymous payment tool. you can send it without Id.

when use strong vpn and VPS will be anonymous and No one can track you

Bay_Harbour_Butcher

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I think bitcoin is very anonymous, but the government is always looking for ways to track transactions of bitcoin users, but to this day there is still no effective way to track these transactions. it is possible that in the future the government can solve the anonymous bitcoin problem

armansolis593

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IRS can cracked down tax evaders using the exchanges information like coinbase for example, creating an account at coinbase you need to verify yourself before you can do any transaction this is one way for IRS to track you down, as long as you give your personal information to a 3rd party law enforcers can find you.

hran1085

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Bitcoin is transparent. the record on blockchain can be seen and checked by anyone.

Nunoluck

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But bitcoin transaction is recorded, it will help the law enforcement to track the illegal activity which using bitcoin as medium of exchange. Bitcoin just protect the identity of the users but very transparent in transaction.

OnyxSage

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With the methods of analysing big data - no matter how you mix bitcoin, once it touches the ground, you'll be found out.

hessanseen

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Bitcoin is of course anonymous, but the IRS thinks bitcoin has a lot of profit, so they must be trying to levy a tax. It's as if your neighbor suddenly became rich. Then you will have an idea. What way does my neighbor make so much money? I have no way to make money.

HunterBTC

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Well, it does not have to be if we join in the Playcoal or Forum we do not need to hide the identity too much, but if we want it it does not matter, because Bitcoin is a currency intended for long-distance people with their families so if Bitcoin is too anonymous we find it difficult to trace the shipment that we or our friends are doing or if we have made a withdrawal and through the Bank, it is certain we use the original identity we have

drachman

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Quote from: nullius on December 05, 2017, 04:00:35 PM

Bitcoin was never anonymous. Anybody who said it is, was stupid or lying. Anybody who thought it is, may be in for a rude shock with unknown timing. The notion that “Bitcoin is anonymous” is a persistent, pernicious myth. It’s a global ledger, wherein each copy of the blockchain shows in full all transactions ever made. What is so hard to understand about this?

Quote from: smoothrunnings on December 05, 2017, 03:53:12 PM

I wonder if the Core Engineers will start to look at ways to keep Bitcoin anonymous

They have been, for awhile. But things develop slowly in Bitcoin. They can’t just smack on a new feature, at risk of accidentally dropping a billion dollars worth of coins on the floor.

It is not hard but most people do not want to take the time to read about the myths of bitcoin, of all the myths that is probably one of most long lasting and in my opinion is one of the most damaging since people think they can get away with anything because they think they are anonymous.

mayo2u

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Quote from: smoothrunnings on December 05, 2017, 03:53:12 PM

The IRS has stated that recently they can track down people who are making a profit of Bitcoin without claiming it on their tax return. I wonder if the Core Engineers will start to look at ways to keep Bitcoin anonymous from prying eyes of the IRS and other Governments?

What are your thoughts?

Thanks,

BTC has never been anonymous. Anyone thinking they can hide from the IRS is in for a rude awakening. Unless you live off the grid and do not have any tangible property you cannot hide for long. It's not worth the hassle.

myphoenixguy

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Those are some pretty detailed posts about bitcoin privacy and privacy in general
It is clear that we have become accustomed to the fact that when we browse something an analytics program would record that, when we visit a place, google maps would record it, when we wish someone dear, an e-mail messenger will record it.

We have failed to realize that we could as easily have access to all these things without it being recorded and turned into data to be mined. We have accepted it as a fact of life and frankly, its ramifications are absurd and long lasting.

Will privacy ever become a standard

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