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Topic: Buying with cash is more anonymous than purchasing with BTC? - page 2. (Read 1071 times)

legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Of course it is. But unless it's lying around you have to pull it out of your account and if it's a large amount that's pretty tricky in a lot of countries now. Banks are often obligated to ask what you plan to do with it or can flat out refuse.
sr. member
Activity: 490
Merit: 250
What do you think, now that everyone thinks / knows the NSA can see who has significant amount of Bitcoins and so forth...

And with cash receipts you can send them to your parents trust lawyer and they match the amount ( for all those being spoon fed )

You can easily mix and re-mix bitcoins in that way that the NSA can't clearly identify a bitcoin holder. In some circumstances bitcoin can be more anonymous than cash, but cash will always be the most anonymous way to pay.
sr. member
Activity: 341
Merit: 250
What do you think, now that everyone thinks / knows the NSA can see who has significant amount of Bitcoins and so forth...

And with cash receipts you can send them to your parents trust lawyer and they match the amount ( for all those being spoon fed )

It depends what you're buying & how you initially contacted the seller to arrange a face to face meet.
For example your phone & email records are more likely to be traced than a couple of bitcoin transactions if you're using a VPN.

If it's a face to face transaction of physical goods then the only non-anonymous aspect is the other person in the transaction seeing and remembering your face. If it's online then Bitcoin's more anonymous, apart from transactions where you have to give a delivery address. The only totally anonymous transaction would be for digital goods bought online using Bitcoin where you had taken every measure imaginable to ensure you stay anonymous online.
full member
Activity: 146
Merit: 100


You can't store large volume of cash in your brain, in an email, on a piece of paper, or on a phone. You can't maintain or send large volumes of cash across borders, through airports, prison, war, etc.

If you really need to hide a large amount of Bitcoin, you will figure out a way.     Grin
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
What do you think, now that everyone thinks / knows the NSA can see who has significant amount of Bitcoins and so forth...

And with cash receipts you can send them to your parents trust lawyer and they match the amount ( for all those being spoon fed )

It depends what you're buying & how you initially contacted the seller to arrange a face to face meet.
For example your phone & email records are more likely to be traced than a couple of bitcoin transactions if you're using a VPN.
hero member
Activity: 551
Merit: 500
What do you think, now that everyone thinks / knows the NSA can see who has significant amount of Bitcoins and so forth...

And with cash receipts you can send them to your parents trust lawyer and they match the amount ( for all those being spoon fed )
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