How is bitcoin anonymous

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Bitcoin Is Not Anonymous
Bitcoin represents a techno-utopian dream. Satoshi Nakamoto, its pseudonymous inventor, proposed that the world run not on centralized. Bitcoin transactions are traceable because Bitcoin's blockchain is completely transparent and every transaction is publicly stored on a. While many crypto-evangelists have long thought of digital currency as a means of buying legal and illicit goods on the web with total anonymity.

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There are cases where, for instance, IRS criminal investigations identified the alleged creator of a bitcoin money laundering service called Bitcoin Fog by tracing his transactions before he even successfully launched the site, 10 years earlier. Alyssa Blackburn, a data scientist at Rice University and Baylor College of Medicine in Houston, has spent several years performing digital detective work with her trusty lab assistant, Hail Mary, a shiny black computer with orange trim. Tags bitcoin blockchain Blockchain technology crypto crypto investment Cryptocurrency.