Bitcoin is anonymous currency if you use it for direct transactions without exchanges with kyc.
While btc do not uses globally and all n exchanges
Topic: Is anonymity the future for bitcoin??? - page 9. (Read 1119 times)
Recently we've seen bitcoin forks like Bitcoin Private and Bitcoin Anonymous providing privacy and anonymity features. Yes, it helps in keeping your transaction private but it's not really a step which will help in Bitcoin's future. Because of privacy, it will help hackers, fraudsters, and criminals to keep themselves safer and untraceable. World government is not yet ready for privacy coins and several big personalities rejected this features, like SocGen CEO and Bill Gates.
It may take some time when we see Anonymous and privacy coins becoming more prevalent but as of now, bitcoin has a better future for its current features and anonymity might hurt more than providing something good.
It may take some time when we see Anonymous and privacy coins becoming more prevalent but as of now, bitcoin has a better future for its current features and anonymity might hurt more than providing something good.
Any sort of anonymity will be compromised as soon as people convert bitcoin
to FIAT and/or buy bitcoin with FIAT tgrough a centralised medium, bank or card.
Its not just the stereotypical criminals etc. Who would want the anonymity factor
there are others who would want it for personal reasons but the majority of
bitcoin users today couldnt care about it i recon.
Its primarily the end game of "how much am i going to make"
to FIAT and/or buy bitcoin with FIAT tgrough a centralised medium, bank or card.
Its not just the stereotypical criminals etc. Who would want the anonymity factor
there are others who would want it for personal reasons but the majority of
bitcoin users today couldnt care about it i recon.
Its primarily the end game of "how much am i going to make"
Anonymous, in my opinion, is just a situation where we can be careful of our identity or not, and in bitcoin we can make thousands of wallets at once which will make us difficult to track. But if you only use 1 wallet, the owner of the wallet will be revealed.
the way I see it is that bitcoin already has enough anonymity. that that is more than enough. you say every transaction is public but even if I show you my address and transaction you still wouldn't be able to know who I am.
and this level of anonymity can even be considered a good thing if you ask me. if bitcoin was fully anonymous we may have had a lot more FUD and attacks against bitcoin. with this small level of anonymity they are still FUDing it and say it is being used for illegal activities when it is not, if there were more then they would have attacked it even more.
and this level of anonymity can even be considered a good thing if you ask me. if bitcoin was fully anonymous we may have had a lot more FUD and attacks against bitcoin. with this small level of anonymity they are still FUDing it and say it is being used for illegal activities when it is not, if there were more then they would have attacked it even more.
... anonymity or providing privacy ...
these two are not the same thing. for example i may not be anonymous but i definitely have privacy when i am using bitcoin. for example when i pay for something online since the shop doesn't get my personal information they don't know who i am. and also an average Joe on the internet can not do in depth blockchain analysis on my transactions to see how much bitcoin i own and where i spend them or where they come from. and that's called privacy.
Anonymity is the future of altcoins like monero.The future of bitcoin is in the mainstream adoption and having more people,corporations and countries recognising it as a reliable payment option and a good store of value.
Thinking that bitcoin transactions are anonymous is:
1.Wrong.
2.Helps for spreading FUD.
Thinking that bitcoin transactions are anonymous is:
1.Wrong.
2.Helps for spreading FUD.
There are some developers working on projects to make Bitcoin more anonymous, but it remains to be seen how people would react to it. I know for a fact some governments will not be happy with a more anonymous Bitcoin and they might even pull their support for it, if that happens.
If you want some anonymity, then try using the "Mixer" service that I currently have in my signature. It is fast and cheap and reliable. We do not need anonymity as part of Bitcoin's core protocol, because there is enough services out there to help you to increase your anonymity.
If you want some anonymity, then try using the "Mixer" service that I currently have in my signature. It is fast and cheap and reliable. We do not need anonymity as part of Bitcoin's core protocol, because there is enough services out there to help you to increase your anonymity.
Anonymity is not good for our future. I think the main purpose of creating crypto currencies is to bring the transparency and giving the control of the funds to the user who owns it which is not possible in case of banks and other investments unless you keep fiat stashed in your house in which case value depreciates because of inflation.
People associate anonymity with their right of keeping their money/property safe from everyone and want to use it as a tool to avoid taxes too but if you expect good facilities and security from your government for yourself and for family, then why should not pay the fair taxes on time?
If anonymity is added to the bitcoin, then anyone can fund the terrorist/illegal activities without anyone knowing about it which may increase the crime rate/illegal activities. People will try to convert their properties/savings into btc so that they don't ave to pay taxes and capital gains. Governments will lose a substantial part of their funding and in reciprocation, many countries will ban the btc and its trading in the country and any even criminalize it to hold and trade bitcoins/crypto currencies.
So in my opinion, anonymity won't do any good for bitcoin and for traders/investors worldwide. This is my take on anonymity.
People associate anonymity with their right of keeping their money/property safe from everyone and want to use it as a tool to avoid taxes too but if you expect good facilities and security from your government for yourself and for family, then why should not pay the fair taxes on time?
If anonymity is added to the bitcoin, then anyone can fund the terrorist/illegal activities without anyone knowing about it which may increase the crime rate/illegal activities. People will try to convert their properties/savings into btc so that they don't ave to pay taxes and capital gains. Governments will lose a substantial part of their funding and in reciprocation, many countries will ban the btc and its trading in the country and any even criminalize it to hold and trade bitcoins/crypto currencies.
So in my opinion, anonymity won't do any good for bitcoin and for traders/investors worldwide. This is my take on anonymity.
anonymity will help hackers, scammers, criminals and terrorists also. If bitcoin helps tax evasion, bitcoin will get banned worldwide.
the owner of bitconnect.com got arrested in India for $13 billion ponzi scheme using bitcoins. So Bitcoin transactions are not anonymous.
the owner of bitconnect.com got arrested in India for $13 billion ponzi scheme using bitcoins. So Bitcoin transactions are not anonymous.
As we can see each and every transaction for bitcoin is publicly registered to the blockchain where in all of us have access, so I am just thinking if anonymity or providing privacy will be the next move for bitcoin. Just my thoughts, you can add yours here and let's discuss it.
I don't think the anonymity will be the only reason for the future of bitcoin,already we have the system and everybody know how it works so it will be like this forever so if someone concern about the anonymity then they need to use the bitcoin mixers which makes the bitcoin hard to be traced.In future anonymity is the reason for the usage cryptos then people won't pick the bitcoin there are some coins like Monero are available with high anonymity. 
As we can see each and every transaction for bitcoin is publicly registered to the blockchain where in all of us have access, so I am just thinking if anonymity or providing privacy will be the next move for bitcoin. Just my thoughts, you can add yours here and let's discuss it.
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