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Re:Former FBI Director Said Blockchain Is Easier to Trace Th... by z3c0 on Monday October 17, 2022 @09:53AM (#33233503)
This seems to be lost on a lot of folks, which I find strange in a tech-centric forum. Bitcoin is perfectly pseudonymous, as it strives to be, and not anonymous, which it has never attempted to be.
Re:Former FBI Director Said Blockchain Is Easier to Trace Th... by acdha on Monday October 17, 2022 @10:12AM (#33233747)
The Bitcoin designers did not pretend it was anonymous – it’s obviously not to anyone who looks at the architecture! - but the people selling Bitcoin have loudly lied about this since the beginning, however. If you search here you’ll find like 14 years of people pointing out that it’s easily traced and getting a bunch of word salad from the sales guys in response.
Re:Former FBI Director Said Blockchain Is Easier to Trace Th... by insanitybit on Monday October 17, 2022 @10:09AM (#33233710)
My recollection is that Satoshi wanted people to rotate public keys after every use exactly to have anonymity.
Re:Former FBI Director Said Blockchain Is Easier to Trace Th... by throwup on Monday October 17, 2022 @10:35AM (#33234065)
And some wallets do this automatically. But if you send a transaction and the change from your previous wallet flows directly to your next wallet, you're not accomplishing much.
Re:Former FBI Director Said Blockchain Is Easier to Trace Th... by shadowgovt on Monday October 17, 2022 @10:21AM (#33233869)
That's still not anonymity; it's just pseudonymity with more masks.