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Entries from April 2014

Bitcoin does not provide anonymity

When people discuss Bitcoin, one of its properties that is often considered is its presumable anonymity. In this respect, it is often compared to cash. However, it shall be recognized and understood that Bitcoin is not as anonymous as cash; far from it, actually. Its anonymity relies on the concept of pseudonyms, which delivers some (unjustified) sense of anonymity, but very weak anonymity in practice.

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