EU to make Bitcoin traceable
- Thread starter dar1437
- Start date
Bit misleading the article.
Bitcoin is already fully traceable, and majority of exchanges have a KYC (Know your customer) function. Also people would just use localbitcoins or similar to buy/sell large amounts of coin. This sounds like a knee jerk reaction to try and regulate a market that is already taking over from traditional banking systems.
If you want anonymoity when purchasing items, then use monero, it's designed to be private, and cannot be traced (At present).
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