Re:The Bitcoin Report 2 [pdf]
by matthew-wegner on Friday April 12, 2013 @01:24PM
(#5539847)
I know there are transaction fees. I meant friction as--once you have BTC in a wallet, you are absolutely free to spend them as you wish. There is no way for anyone to prevent a transaction.
Bitcoin addresses are public but anonymous. But yes, you can analyze the public ledger to tie known data (publicly-posted donation addresses, etc) to try to de-anonymize someone. There are coin tumblers/mixers in place in some markets, although it's hard to tell how effective they are.
Bitcoin addresses are public but anonymous. But yes, you can analyze the public ledger to tie known data (publicly-posted donation addresses, etc) to try to de-anonymize someone. There are coin tumblers/mixers in place in some markets, although it's hard to tell how effective they are.