You are viewing a single comment's thread.

view the rest of the comments →


[–] Tallest_Skil 2 points 13 points (+15|-2) ago 

There is no anonymity with bitcoin. All transactions are publicly logged.


[–] go1dfish 0 points 14 points (+14|-0) ago 

This is true, bitcoin is anonymous in the same sense that Voat is. That is to say it is psuedoanonymous.

If you can trade bitcoin for cash that bitcoin will be difficult to tie to you, and that's one reason why governments are very wary about the fiat gateways to cryptocurrency.

Some coins like Monero and Dash attempt to improve upon the privacy of Bitcoin but I'm not familiar with the technicals of how.


[–] Alopix 0 points 5 points (+5|-0) ago 

If it's ever touched an exchange the government knows you have it and will eventually send the tax man for it, and if it hasn't been cleaned afterwards they also know everything you do with it. Someone like me can't google what coin you have or where, but to the powers that be it's not private at all, not at all, not even a little bit.

Buy it directly from another human being, most preferably face to face with cash involving as few digital communications as possible to avoid this.