Kosmosis on Nostr: The ledger is and must be a record of every transaction. The "wallets" doing the ...
The ledger is and must be a record of every transaction. The "wallets" doing the transactions must be recorded in the ledger. But those "wallets" are simply a long number. The privacy concerns only come in when somebody can connect a specific long number to a specific person/entity.
If you've bought Bitcoin on an exchange and given them all of your personal information now you have a trail. Breaking that trail will require some extra steps and cost.
If you only ever trade in Bitcoin anonymously then there is no trail.
Published at
2024-06-18 17:25:20Event JSON
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"content": "The ledger is and must be a record of every transaction. The \"wallets\" doing the transactions must be recorded in the ledger. But those \"wallets\" are simply a long number. The privacy concerns only come in when somebody can connect a specific long number to a specific person/entity.\n\nIf you've bought Bitcoin on an exchange and given them all of your personal information now you have a trail. Breaking that trail will require some extra steps and cost.\n\nIf you only ever trade in Bitcoin anonymously then there is no trail.",
"sig": "d05c2cbeedd684a50cfc68c0b59191f512690d2880fdab9115929bcb9189f200c543bdf16a9d35aef14e19ce256739ccadf947a948426bfd9e8d4ca1774a546b"
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