Government Tracking of Crypto Is Growing, But There Are Ways to Avoid It

in #bitcoin5 years ago (edited)

Bitcoin was originally touted as being anonymous akin to something like having a Swiss bank account. This idea is quickly vanishing as governments around the world step up their surveillance of bitcoin and other cryptocurrencies.

Over the next couple years, we are going to see waves of methods instilled by different governments as means of tracking all transactions.

Bitcoin, instead of offering anonymity, instead provided governments with a single database with a blueprint of all transactions. By using other methods of identification, these institutions have a clear view of what people are doing. Tracking has become easier.

Click on image to read what you can do about it.

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