Nowadays is much harder and it all looks in future it will be close to impossible.
Nonsense. As someone who only ever buys and sells bitcoin without linking the trades to my real identity, and refuses to use centralized exchanges or complete KYC at all, it is much easier to trade privately than it was a few years ago. There are more options for buying bitcoin privately than there ever have been before, such as Bisq, Hodl Hodl, LocalCryptos, this forum, direct peer-to-peer trades, some ATMs which don't require KYC, physical shops and vendors, and so on. These kind of services are only becoming more popular as time goes on, as more people wake up and start to realize why their privacy is important. As long as bitcoin exists, there will exist decentralized trading options which cannot be shut down by governments or third parties. 
Topic: While using bitcoin there should be privacy - page 2. (Read 658 times)
Revealing your privacy makes your fund not to be private, also never use kyc payment methods
If I have conbase, and I use credit card or other payment method that have enough identity of me, my privacy is completely lost in connection to the bitcoin I bought with the card and also in connection to the wallet I used. Very possible this can be used to track any wallet or exchange I send the coins to. That is why I like p2p exchange.
If I have conbase, and I use credit card or other payment method that have enough identity of me, my privacy is completely lost in connection to the bitcoin I bought with the card and also in connection to the wallet I used. Very possible this can be used to track any wallet or exchange I send the coins to. That is why I like p2p exchange.
In past was easy to get bitcoin and not link your identity to the coins. Nowadays is much harder and it all looks in future it will be close to impossible. Bitcoin and private simply have little in common. People in countries where privacy is tradition will avoid using Bitcoin. People in countries where privacy is not tradition will widely use Bitcoin in the future.
Using only wallets that connect you to blockchain is safest
Using wallets that require email or private key is not best at all, I remember when Satoshi created bitcoin core wallet, it has private keys, and if difficult to use for a start there are still many wallets that follow the rules of privacy like hardware wallets, if expensive there are still wallets that cost nothing than downing their software on phones and computers that follow the rules of privacy unlike third party wallet which has no privacy. I can not use third party wallets, not possible.
Using wallets that require email or private key is not best at all, I remember when Satoshi created bitcoin core wallet, it has private keys, and if difficult to use for a start there are still many wallets that follow the rules of privacy like hardware wallets, if expensive there are still wallets that cost nothing than downing their software on phones and computers that follow the rules of privacy unlike third party wallet which has no privacy. I can not use third party wallets, not possible.
1) Every wallet has private keys. Otherwise you wouldn't be able to sign transactions
2) Using a desktop wallet does not guarantee you privacy (e.g. electrum: the server you are connected to knows all of your addresses, your balance and your IP address. This makes it extremely easy to track you).
3) Hardware wallets are just the hardware. You still need software as an interface. If you are using wallets like trezors web interface, ledger live or electrum, your privacy is not existent.
Revealing your privacy makes your fund not to be private, also never use kyc payment methods
If I have conbase, and I use credit card or other payment method that have enough identity of me, my privacy is completely lost in connection to the bitcoin I bought with the card and also in connection to the wallet I used. Very possible this can be used to track any wallet or exchange I send the coins to. That is why I like p2p exchange.
If I have conbase, and I use credit card or other payment method that have enough identity of me, my privacy is completely lost in connection to the bitcoin I bought with the card and also in connection to the wallet I used. Very possible this can be used to track any wallet or exchange I send the coins to. That is why I like p2p exchange.
Not necessarily.
You could easily mix the coins by either using a mixer or coinjoin.
This will break any link between your original coins (tied to your identity) and the coins you later have in your wallet (which you will spend).
The use of bitcoin ATM, best way to 100% privacy
I suggested another idea below how privacy can be 100% but I will like people to talk about this, I think with bictoin ATM for depositing bitcoin into blockchain through keys in wallets, I think this is a good idea to 100% privacy as p2p exchange may not be sufficient. P2P may not lead to 100% privacy.
I suggested another idea below how privacy can be 100% but I will like people to talk about this, I think with bictoin ATM for depositing bitcoin into blockchain through keys in wallets, I think this is a good idea to 100% privacy as p2p exchange may not be sufficient. P2P may not lead to 100% privacy.
You never get 100% privacy.
Privacy can't be measured in percentage. You always have to include the anonymity set when talking about privacy.
With an ATM where cameras are directed at you and required KYC for amounts larger than X (like a few hundred $?) and where people can observe you while using them, i wouldn't call that privacy.
Bitcoin ATMs in several countries from what I know also requires KYC verification from the user before they can actually buy it, from what I recall there was a topic about Finland recently requiring Bitcoin ATMs to have KYC verification for their customers. So I don't think any kind of services where it is centralized can make you achieve the privacy you are expecting even P2P services like Localbitcoin as well also requires KYC. So the best way for you to buy and sell cryptocurrency is direct P2P with escrow where no one asks for IDs or any kind of personal information from you to make that trade happen.
I do not care much about crypto privacy, the reason is that I have little amount.
This is the wrong attitude. Once you've let your privacy slip, it is very difficult if not impossible reclaim it. Further, privacy in bitcoin is about a lot more than worrying about someone stealing from you. It's about the freedom to do what you want with your own money without a government or third party sticking their nose in, deciding you aren't allowed, and dictating what you can and cannot do. Everyone should care about their privacy from their first satoshi.Because they have nothing to hide to care their privacy.
The "nothing to hide" argument is complete nonsense. If you haven't done anything illegal and have nothing to hide, then please post your real name, real address, social media profiles, email addresses, passwords, and all your bitcoin and altcoin addresses. After all, you've got nothing to hide, right? 
To me, you don't have to call 100% privacy no matter what that method is. Maybe all that matters is how secure it is. You are right that many of you can actually encounter on social media without knowing too much about privacy. They will be giving their identity to untrusted platforms as long as the talk is about investments and income. They then said that they did not want to or that the police did not come to their house because of identity theft.
Privacy is very important but I don't agree with you about ATMs being 100% private. They are placed in public spots for a reason. Try to find an ATM that isn't watched by cameras and doesn't scan your ID and you'll see that it's not easy.
They are placed in public place makes it dangerous too but about the camera, bit coin ATMs do not come with camera. 
Could you believe some people do not even know what wallet is?
I have seen some people not knowing what bitcoin wallets are. If you asked them what is bitcoin wallet? They will answer saying 'bitcoin wallets are the device for saving bitcoin'. This is actually wrong.
I have seen some people not knowing what bitcoin wallets are. If you asked them what is bitcoin wallet? They will answer saying 'bitcoin wallets are the device for saving bitcoin'. This is actually wrong.
I am not surprised. Some 5 years ago I've met people thinking that Internet Explorer is the internet (!).
Back to Bitcoin, while the technology, blockchain, transaction processing, lightning and so on are advancing nicely, the education part is two steps behind.
People don't know what's a wallet, don't understand that the wallet doesn't actually hold the coins, don't know about the problems of custodial so-called wallets, don't know that being careless may cost them, don't know how to properly use a wallet, what's a transaction, how to adjust the fee, what is the problem with the small inputs, the confirmations and the fact that 0 confirmations can be tricky... and so on.
Learning to care about their privacy, as you see, is not even on the first list of things they are missing.
I guess that educating people would necessary, but people are usually lazy about reading and may do that only after they've done something really wrong. Also for whatever reason they may miss the correct info or not trust it. (keep in mind that many still start their search for Bitcoin from bcash website)
Using only wallets that connect you to blockchain is safest
Using wallets that require email or private key is not best at all, I remember when Satoshi created bitcoin core wallet, it has private keys, and if difficult to use for a start there are still many wallets that follow the rules of privacy like hardware wallets,
Even if you have the full authority of private keys in your hand and as long as you are trusting your bitcoin transaction to nodes owned by the wallet manufacturer or to the people behind that non-custodial wallet, privacy is still not guaranteed simply because the people behind those wallet can manage to bind your bitcoin address to your IP Address. Therefore, running your full node might be the best option if you want to take advantage of increasing your privacy.Using wallets that require email or private key is not best at all, I remember when Satoshi created bitcoin core wallet, it has private keys, and if difficult to use for a start there are still many wallets that follow the rules of privacy like hardware wallets,
3. What is the best way to privacy? I will choose bitcoin ATMs
https://bitcointalksearch.org/topic/can-you-hide-your-identity-with-bitcoin-100-5260058 most of the answer within this thread will give you an idea on how to achieve optimun privacy.I can't vouch most of them since I am still at the experimentation stage on how to achieve or improve my privacy as well.
When you do KYC on a particular platform at least once in your life, there is a possibility that it will be compromised someday so there is no such thing that is 100% privacy, even p2p the platform sometimes requires you important details. As you said bitcoin ATM is the best choice but there are only few of them, We have bitcoin ATM in my country but only on capital city which is unfortunate. ATM has a camera on it so your privacy is still not secured.
Privacy is very important but I don't agree with you about ATMs being 100% private. They are placed in public spots for a reason. Try to find an ATM that isn't watched by cameras and doesn't scan your ID and you'll see that it's not easy.
They are placed in public place makes it dangerous too but about the camera, bit coin ATMs do not come with camera. 1. Is my opinion right about privacy?
2. Is it possible hackers can become a thief as technology is advancing or even now, know your custodial wallet or exchange and use the custodial wallet or exchange to know who exactly you are, come to your house one day just to come and forcefully steal your bitcoin? To me it is possible and I will always like privacy.
3. What is the best way to privacy? I will choose bitcoin ATMs
Privacy is very important but I don't agree with you about ATMs being 100% private. They are placed in public spots for a reason. Try to find an ATM that isn't watched by cameras and doesn't scan your ID and you'll see that it's not easy.
It's very possible that some people will find out about your coins through hacks or database leaks but it's the same with cash. When you pay a lot with cash there's a chance someone will tell a group of his criminal friends where you live or the plates of your car and they'll track you down and break into your house.
The average number of people using bitcoin neber bother about privacy. They use CEX with KYC verified accounts. They use custodial wallets for storing their BTC. To them, privacy concern is way more low. Without the average number of people, BTC won't be getting the adoption its dreaming to.
Not being concerned about privacy isn't a big deal for everyone.
Well, you have a point here. Perhaps people understand that the crypto and privacy itself aren't much important as long as they did not have any illegal activities. Privacy is not the important because bitcoin transactions can be tracked but not directly to the person where the bitcoin comes from. Not being concerned about privacy isn't a big deal for everyone.
Indeed, --if you notice that most traders prefer to use CEX than DEX even they know that there is a KYC verification on CEX. Because they have nothing to hide to care their privacy.
I do not care much about crypto privacy, the reason is that I have little amount. The more the amount of bitcoin you having the more the privacy should be increasing because the more hackers will be likely willing to trace your transactions and looking for ways to steal from you.
Did you know, people who are really rich will treat their money (investment) in same way. The way they treat their cents is more/less the same when they treat their large amounts of money. its all about behavior.Same as humble leader. They will treat persons equal.
I do not care much about crypto privacy, the reason is that I have little amount. The more the amount of bitcoin you having the more the privacy should be increasing because the more hackers will be likely willing to trace your transactions and looking for ways to steal from you.
In that case, crypto atm will be a good option but thinking privacy can not be 100%, I do not think this is possible because it is not even advisable to use crypto atm for transactions that are high, I can not want to deposit 1 million dollars and use crypto atm, it is even dangerous to take such amoint of money to crypto ATM, the best for these are still OTC. So, if we take deep look into this, we will notice privacy can not be 100%.
In that case, crypto atm will be a good option but thinking privacy can not be 100%, I do not think this is possible because it is not even advisable to use crypto atm for transactions that are high, I can not want to deposit 1 million dollars and use crypto atm, it is even dangerous to take such amoint of money to crypto ATM, the best for these are still OTC. So, if we take deep look into this, we will notice privacy can not be 100%.
You are right, but what about using bitcoin ATM, I will add it to it, with bitcoin ATM privacy can still be 100%. But, there is no much bitcoin ATM for now but their number is drastically increasing.
Unless you have a technical problem and need to give them your name/mobile number... I was thinking about an atm and then remembered they're only in our major cities here (I think there's quite a lot in the UK anyway) but you can still be tracked more traditionally through things such as cctvs and if you make a purchase via a card for example in the same store then they might be able to work out who you are...
(I'm also fairly sure a surcharge is added but it definitely seems quite private)...
1. Is my opinion right about privacy?
2. Is it possible hackers can become a thief as technology is advancing or even now, know your custodial wallet or exchange and use the custodial wallet or exchange to know who exactly you are, come to your house one day just to come and forcefully steal your bitcoin? To me it is possible and I will always like privacy.
3. What is the best way to privacy? I will choose bitcoin ATMs
If through meeting people is another p2p, so far the person know you, it is not private again. I am not diluting the fact that p2p exchnges are excellent but I will prefer using crypto atms.
While using crypto atms, no camera like bank atms to video, your transaction is so private and I will also suggest it to be the best.
2. There is nothing impossible, and that aside, this can subsequently leads to phishing attacks be it through email or impersonation.
3. Like you have suggested, bitcoin atm is the best but only few are available in the world for now.
Imo, you have conveyed all of that correctly. Most of my friends (who do not care about privacy), still think that storing their assets in exchange walllet are still considered quite safe. And the worse part, they do not care (or doesn't care) about this motto "Do not have your own private key, meaning you do not have the money".
Some people still think that large exchanges such as binance, coinbase, etc., are still a safe place to store their assets. Education like this is what should be often echoed, not justabout profit or low fees when doing some transactions.
Some people still think that large exchanges such as binance, coinbase, etc., are still a safe place to store their assets. Education like this is what should be often echoed, not justabout profit or low fees when doing some transactions.
The average number of people using bitcoin neber bother about privacy. They use CEX with KYC verified accounts. They use custodial wallets for storing their BTC. To them, privacy concern is way more low. Without the average number of people, BTC won't be getting the adoption its dreaming to.
Not being concerned about privacy isn't a big deal for everyone.
Not being concerned about privacy isn't a big deal for everyone.
There are probably lots of differences of opinion, I have 2 separate wallets for example: one for funds I buy from kycd exchanges and ones from elsewhere...
I don't know about the trust of p2p exchanges yer, how do you verify a banking transaction?. There are ways to improve privacy but I doubt you'll ever have full privacy anywhere... Bisq is quite secure for example but a person has to verify a bank transaction and I don't know how prone that could be to social engineering.
You are right, but what about using bitcoin ATM, I will add it to it, with bitcoin ATM privacy can still be 100%. But, there is no much bitcoin ATM for now but their number is drastically increasing. I don't know about the trust of p2p exchanges yer, how do you verify a banking transaction?. There are ways to improve privacy but I doubt you'll ever have full privacy anywhere... Bisq is quite secure for example but a person has to verify a bank transaction and I don't know how prone that could be to social engineering.
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