Topic: How can a goverment trace you have BTC? - page 33. (Read 4077 times)
it is simple. something good about bitcoin is that it you can hide your identity and unless you want to be found you will not be found.it is up to you the user to maintain your anonymousity in every transaction you make
maybe that could happen if the government cooperates with blockchain or exchange market, but if it happens then the anonymous principle on bitcoin no longer exists
It is possible thru exchanges and KYCs. Because first and foremost, the Bitcoin is a decentralize which also has a peer to peer transactions. Unless you say it yourself to the crowd that you are a Bitcoin user.
i hear two side of opinion related to this matter. Some people say that we can not be tracked if we use bitcoin because in bitcoin the identity is anonymous. But, in some people say that we still can be tracked if we used bitcoin trough our wallet. Related to this i think the more suitble answer for this question is the government still can tracked us when we have a btc. Because its possible to tracking us from our IP adress.
It is impossible because all the wallets are anonymous and there is no way to know which wallet belongs to who in here, that is the reason of why i think that it is more than impossible
I don't think that governement would hunt you just to establish whether you have bitcoins, makes no sense. First you have to do something illegal and forbidden.
Bitcoin is not that anonimous as many think and there are methods to track the user and transactions throug IP addresses or data that you register at exchange. KYC rules and anti money laundering laws changed a lot, so don't think you can't be traced. But there is nothing to fear about unless you go to the dark side.
Bitcoin is not that anonimous as many think and there are methods to track the user and transactions throug IP addresses or data that you register at exchange. KYC rules and anti money laundering laws changed a lot, so don't think you can't be traced. But there is nothing to fear about unless you go to the dark side.
well, if you use cryptocurrency, you might be traced at the time of crypto redirection to fiat. at that time of course everyone can be tracked from whom he transact, until the search will end on the exchanger. I think that's how the government knows you're using crypto.
How can the government discover I own BTC, let's say I'm from Venezuela where crypto is banned, what they can do to discover and arrest me?
Bitcoin transactions are anonymous. As long as you don't reveal your identity, no one know you are a bitcoin holder.
For this purpose you have to buy bitcoin peer to peer from a person you trust. Never use exchanges that force you to verify your identity.
But there are any case thay your IP Address can detect? How do you withdraw it if it is banned on your country? It is able in another country so you need some person to handle your coin in another county to get it.
I also think like that if you can do bitcoin if it is banned but I think they banned some paying bitcoin not using bitcoin or earning bitcoin on one person but it is hard to get.
because government trance you have btc. which we are submit the I"D profs and other document that was made by government and have able to check out every this ..what we do or not.
I don't know what you're trying to imply but government can't trace the owner of bitcoin as this is untraceable and only just the amount of bitcoin can be seen. Just read the whitepaper and you'll see that bitcoin is decentralized and no one have a full control to it. Nothing to be broad about.
Government is can not find the bitcoin track. It your currency. So your the right for your currency. Most of the peoples use the bitcoin. So no one can find the bitcoin users. It good future saving. Now most of the people use the bitcoin for the future business. It digital currency. It use only for online process. Bitcoin is to safe and not easy to track.
I think today, the only for the government to know that you have Bitcoin is thru IP address. They will scan your history of searches and the websites that you had visited. They can now speculate that you are owning a Bitcoin and they will do something to trace you through verification when you are using an exchange.
because government trance you have btc. which we are submit the I"D profs and other document that was made by government and have able to check out every this ..what we do or not.
Looking at blockchain technology, it's very easy if you want to find someone's total number of bitcoin, the government simply track your bitcoin wallet and if you register your account when entering or verifying with your original address and photo because bitchin with Blockchain technology has a decentralized system. It also comes down to how you buy and cash out bitcoins, and where you hold them. If you are using wallets that ask for KYC, if you are buying bitcoins with any bank card, if you cash out on some of your bank accounts it will be easy for the government to find out that you are using bitcoins. There are ways to stay anonymous with crypto, but it requires VPN or tor, hardware wallet, all buying and cashing out to go through local bitcoins. It is easy to cover your tracks on the internet, you can master all of them if you spend some time reading about it and trying different ways.
I think they cant trace if they didnt know your bitcoin address or your wallet address.The only thing they can know that if you are holding BTC or any other coins is if you given your KYC into an exchange.
They cant. Bitcoin is decentralize and there is no possible way to track down your transaction/info unless they were able to log in into your wallet. And that would be easy for the government, but if they do hack you, it's a breach of privacy.
Yes i believe also that bitcoin holders are not traceable since it is created as decentralised cryptocurrency and not being controlled by anyone else but only ourselves or the person than we trusted most to know our wallets important information. Breaching in someone’s privacy even if the government will do is prohibited also and if that happens, i think we can counter file the case for invading our privacy.
i think if you will become silent then no one can trace you.
No matter What you do you will be tracked one day and the main cause of it will be when you are going to transfer your Bitcoin into Real world money. The government can also use IP addresses to track you. When you can use decentralized exchanges to avoid them. I myself do not use any of it. You can also use something like TOR to hide your real IP address.
For me, that is one of the abilities of bitcoin, and that is to transact your money anonymously, that is one of the excellent ability and capability of bitcoin. We all know that bitcoin is decentralized and that is the main reason why bitcoin is prohibited to some country because it is very challenging to trace its users if they are super careful. But in the other hand, its difficult to find an exchanger that will accept bitcoin into your country if that happens, because some exchanger now knows that your I.P code’s is prohibiting cryptocurrencies. 
How can the government discover I own BTC, let's say I'm from Venezuela where crypto is banned, what they can do to discover and arrest me?
The only way to track you down is to see your bank wire transactions. Or if you are using a third party cashout services and you have verified your identity with them, it might be used too. 
All Bitcoin transactions are anonymous and can't be traced, Unless you decide to reveal your identity. But i'm not so sure what your Government capable of maybe they can't if you're not careful enough.
I believe bitcoin transactions remained to be anonymous up to the present but with the appearance of some exchangers today who already require KYC,then the government might have high chances today of tracing those people who owned btc.You just need to be very careful in choosing of your exchanger so you won't be identify. Jump to: