The Expat Money Show - With Mikkel Thorup cover image

188: Crypto Confidential: Tobias Ruck’s Guide to Private Transactions

The Expat Money Show - With Mikkel Thorup

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Bitkoin Versus Sets Cash, Omonero?

With bitkoin, what you have is a transparent chain. So every ones to say, random number. However, when you interact with the outside world, for example, when you have interfeced with an exchange, that random number will be associated with your identity. And then we have a association, and then we know for a fact that i send that money to you. Also, like, just out of privacy reasons on, then you will be, like what companies will do. It's called chain analysis,. But in theory work, you could retain a lot of privacy on bitcoint if you employ prodigals.

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