Tag: AML

Buying Bitcoin With Cash Through LibertyX Is Not Anonymous

The concept of buying Bitcoin at retail stores is quite an appealing one, as it removes most of the friction associated with obtaining digital currency in the first place. While these services are limited to particular regions for the time being, buying Bitcoin for cash does not mean people will remain completely anonymous. LibertyX lets users buy BTC from over 19,000 stores in the US, but users will need to …
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How To Get Bitcoins

Getting one’s hands on Bitcoin is still the hardest part of getting involved in the world of digital currency these days. However, there are plenty of options available to buy Bitcoin, ranging from exchanges to peer-to-peer trades and ATMs to brokers. All of these options will be discussed briefly, giving everyone the information they need about how to get Bitcoin. Also read: Why Does My Phone Scan Bitcoin QR Codes …
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Does Bitcoin Need Opt-in Anonymity or More Privacy?

To a lot of people, Bitcoin is the go-to digital currency when it comes to anonymity. However, these people fail to understand Bitcoin is anything but anonymous, although the digital currency does an OK job as far as privacy protection is concerned. While there are a fair few community members who wouldn’t mind having more privacy and even anonymity at their disposal when using Bitcoin, it could very well lead …
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