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Bitcoin Pseudonymity Clarified
Bitcoin is pseudonymous, not anonymous. So, automatically, the answer is FALSE.
WHY?
All transactions are simply recorded on a public blockchain and this means they can still be traced back to wallet addresses.
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Analysis
The opinion states a fundamental fact: Bitcoin operates on a public blockchain where transaction data is visible to anyone. It correctly identifies pseudonymity: addresses are not tied to real identit...
Recommendation
- Acknowledge Bitcoin’s pseudonymous nature in any risk assessment and communicate that true anonymity is not guaranteed on the baseline protocol.
- For anyone seeking higher privacy, consider privac...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.