24 Sep '13, 6pm

Why bitcoin is as anonymous as you want it to be

Why bitcoin is as anonymous as you want it to be

Anonymity and the internet has had a long intertwined history. It used to be that being able to operate without anyone knowing who you are was one of the key doctrines of the internet. Today, with technologies like IP-based geolocation, it is harder to casually remain unknown. This is especially true if someone puts forth the effort to find out who you are. Yet at the same time, users can shield themselves with the likes of Tor , which can mask a person’s identity using redirection with relays. It is with this premise that we segue into the topic of bitcoins and anonymity. While many have proclaimed that bitcoin is not anonymous, illicit marketplaces like the Silk Road seem to thrive, unobstructed. That’s because those who are selling goods on the Silk Road are actually able to use bitcoin to their advantage, going above and beyond the basics of a transaction to further ob...

Full article: http://www.coindesk.com/bitcoin-is-as-anonymous-as-you-wa...

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