When Satoshi Nakamoto introduced bitcoin cryptocurrency, he had intentions of not just creating digital currency that is independent of financial institution protocols, but one that enable individuals to do business transactions anonymously.Īll the ledger in the blockchain network having every transaction recorded on it, the intention of remaining anonymous with BTC became somehow obsolete, without using other tools to hide your identity online. Having Bitcoin in your possession is simple, but using it for untraceable transaction is very hard.Įspecially when you are using it anonymously to avoid your transaction footprints being tracked.
