www.reddit.com/r/Bitcoin/comments/2gl4ua/quick_question_dont_upvote/
Look at FAQ on http://www.monero.cc. Good and short description of Monero anonymity essence.
Thank you. Not sure if I can work with that on the thread though. Here's their question, "If I bought bitcoin on coinbase, and then sent them to an offline wallet I own, and used those to then purchase say a server slot over tor. Would there be anything linking me to that purchase? Other than the fact that I used to own those coins?" Wouldn't they have to convert to an anonymous coin and then back to bitcoin again if they want to be sure they haven't left any tracks? Better to do it all with an anonymous coin, but that might not be an option for them.
Coinbase know your bank account, know you BTC address. It's possible to trace it, NSA can use law or soldering iron to retrieve your BTC address from coinbase. Easy way to hide - transfer BTC to exchange, buy monero, withdraw, transfer monero to another wallet with mixin 7+, transfer to another exchange, sell, transfer to new BTC wallet, pay from it. Weird =)
And you must use several accounts and VPN. Monero can give you anonymous transactions, the rest of your activity can be traced anyway.
Broke it down to 4 steps and posted--thank you. Very simple, and to the point, but seems like the BTC part is a waste of time.
The BTC part is a waste of time for the exact same reason the fiat part is a waste of time. There are many more people who deal in those, so you need to engage in conversions to deal with them.