Edward Snowden brought up a very good point, do not forget about all transactions recorded on the blockchain as meta information which helps shape the story of each individual.
I wanted to just remind everyone, NOT EVERY BITCOIN TRANSACTION NEEDS TO BE ON THE BLOCKCHAIN. If Joe, who is a bitcoiner, meets Bob, and Bob wants Bitcoin and has something Joe wants. They could exchange the bitcoin off the blockchain for the goods or services Bob has.
So I just wanted to make it clear that off chain transactions which are untraceable do exist until they get transacted again on the blockchain.
EDIT: because it's worth noting OpenDime answers the security of transacting physical bitcoin. You have to essentially break part of the device to get access to the key. I guess someone could solder it back on but there is likely software to see if it's been altered at anytime.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments