Thread: Bitcoins anyone?
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Old 12-04-2013, 09:21 PM   #484
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Quote:
Originally Posted by SkinnyPupp View Post
Bitcoin is pseudonymous, not anonymous. If payments couldn't be traced at all, it would be a shit show. That's kind of the point of it... Privacy, but not a shit show.

If your payment is "discovered" then just make a new one. If you are doing something automated like online payments, you can have it so a new number is generated for each payment. This way people can't see exactly how much income went into that number, etc.

Look at all these people here trying to get in on exchanges, waiting for days or weeks just to spend their own money. That is ridiculous (and somewhat ironic)...

Bitcoin eliminates this, but at the same time everything can be accounted for.
Isn't that inherently dangerous though? If you were conducting business through a BTC wallet, that means that your transactions can be traced throughout the internet?
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