Is bitcoin really decentralized and anonimous?

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Avatar for Kolus290
2 years ago

Bitcoin and other cryptocurrencies are listed as decentralized and some cryptocurrencies claim to be totally anonymous and this can sometimes cause confusion and some intrigue because many of us know people who have committed acts with Bitcoin that are not allowed by law and that has caused a lot of intrigue guys and honestly it doesn't seem fair to me that a supposedly decentralized cryptocurrency is in the hands of people who have the power over how to find this kind of data.

I would like to find a cryptocurrency that is 100% anonymous and that is not under the power of powerful people around the world guys, because simply many people want to make this totally possible so that we can make anonymous transactions without an intermediary and this is totally possible guys what I don't really like is that the d by a group of people and that is very good because simply this way many less people are not going to do improper acts and so we can have a better security on the internet.

My opinion on Bitcoin and anonymity, a topic of much controversy worldwide.

BitcoinĀ from my point of view is something that we all know asĀ decentralizedĀ and that has caught my attention guys because honestly it is not, today there are many people who claim that Bitcoin is 100% anonymous and it is simply not even a little bit guys, I have read thousands of news that claim that Bitcoin and transactions can be tracked by a third party and thatā€™s what I donā€™t like guys.

Some tips on how to make fully Decentralized transactions.

Doing transactions nowadays is totally possible guys because we have theĀ Hive Blockchain EcosystemĀ and from my point of view here in this ecosystem we can do p2p transactions and in that way I think we can do p2p transactions in a secure way without any government or intelligence authority reading our information. But I must mention that we can not do anything improper in this platform because we can simply be expelled from the platform or in major cases we can get into legal trouble because in this ecosystem we are a family guys.

Conclusion

Many people claim that theĀ BitcoinĀ is aĀ cryptocurrencyĀ in which we can do improper things as it can be a computer crime, but many experts in Blockchain Technology assures that this is not so guys. Today there are a lot ofĀ Bitcoin cryptocurrency newsĀ that assures that this is not so as we think guys and thatā€™s why I want us to keep this in mind guys.

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2 years ago

Comments

Yes, BTC can be tracked. Your Hive example is spot on. Thanks for the write-up.

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2 years ago

You are welcome my man!

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2 years ago