Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Sunday, June 4, 2023

Can Bitcoin Be Really Anonymous?

 

In a word, to 97 %. Every internet transaction leaves a trace, Bitcoin mining including.

That said, Bitcoin mining and transfers are almost anonymous. Bitcoin, actually is akin to a global, distributed bank, a banking institution. Via Bitcoin one can store and transfer wealth, which is done by banks and fiat currencies now.

Bitcoin's anonymity is one reason for its popularity and the fact that many participants in military encounters prefer Bitcoin and cryptocurrencies for transactions speaks for itself.

No comments: