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Being anonymous is a state wherein a person is not identified. Being anonymous is being the unknown, it’s like this cloak that protects you from judgments and opinions on the things that you do. Being anonymous puts a person, an entity or a company in a position to do what they have to do without being known. Today, if there is a way that people want to transfer funds anonymously, the most common platform for that is with bitcoin.
Bitcoin is a digital currency that is unregulated and can be transferred anonymously thru wallets. This is the main reason why an individual or a company wants to invest in it. But the problem is its not really the case. You see there is a grey area in this anonymous state and that is blockchain. The fact is its a public record, meaning there will be people or entities that can access it and with the right set of tools, they will be able to see more than just your transactions.
People that have high transaction histories: There are people that live on bitcoin, these people are traders, miners, investor and businesses that offer their products and services in exchange for bitcoin. If there are people that takes precaution and are very careful with their transactions that its not even surprising that they would even memorize their wallet. If there are people that are prone to hacking its the people with high transaction histories.
Companies that don’t want their transactions tracked: Companies are very protective with their transactions and one of the reasons why some companies doesn’t want to transact with bitcoin is because it’s public, again thanks to blockchain. This is because that can be a potential loophole in a company that their competitors can take advantage of. If you are a company that is on top and has a lot of competitors that are trying to bring you down, you down want to put your business at risk by investing in something that can damage or jeopardize your business.
People sensitive with their personal information: Because of so many whistleblowers today, it kind of gives you that sense that no one is safe and everyone is prone to hacking. It did leave the world more sensitive to their privacy and as you know you’re not truly anonymous thanks to blockchain. So if you really want to be truly anonymous you need to do some extra effort.
Being anonymous is being in a state of unknown. There are instances that you would want to be anonymous for the reason that there are some sensitive things that you don’t want people to know and part of that are your finances. Bitcoin is the future and that is something people use because it masks your transactions in a for of a wallet. For the common man this is already enough, but for the people that take their information very sensitively, for the companies that doesn’t want their transactions tracked and for the people that has high transaction histories, the wallet’s anonymous nature is not enough.This is why some companies and individuals that are mentioned above are using a bitcoin mixer. If you wish to know more, you may visit cryptalker.com for more details.