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RE: Think you're anonymous in Crypto? Think again...

in LeoFinance5 years ago (edited)

The only reason all these analysis tactics work is because no one is actually using crypto as currency.

Yep, you nailed it on the head here!

If people start spending and doing peer to peer transactions, their tracking methods and models go out the window. At that point they will probably come up with some law that requires stake to be tied an owner somehow...

I disagree about the privacy coins however, at least in the short term. I think governments around the world will get together and ban them, which we are already seeing. If those coins aren't allowed on any exchanges it will be tough for them to have much value beyond the underground niche community that uses them.

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Dear @jrcornel

Would it mean, that users on HIVE have less reasons to worry since many users are actually using HIVE as a currency and there is quite high amount of transfers going on?

I'm very curious. It's all quite new to me.

Yours, Piotr

Yes I mean if the crypto is used as a currency it is more difficult to tell who the owner is, but on hive there are names attached to transfers so it is pretty easy to see who owns what. And if that account ever went to a centralized exchange, they can match up the real world identity to the hive account.