100 sats \ 2 replies \ @ceife 11 Sep 2023 \ on: Common Bitcoin misconceptions by Bitcoiners...? bitcoin
In my opinion:
A common misconception among Bitcoin enthusiasts is thinking Bitcoin is completely anonymous. It's actually pseudonymous, and with enough effort, transactions can be traced back, emphasizing the need for privacy precautions
Yup, once you do kyc on an exchange your identity is linked to that bitcoin even after you transfer it out of the exchange and onto cold storage.
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Yes. Totally. It's not anonymous.
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