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26 - Privacy Opportunities and Dangers of Bitcoin

Watchman Privacy

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The Privacy Dangers of Bit Coin

Bit coin is a huge step up in terms of privacy when we compare it to the current banking system. Bitcoin, if approached correctly, gets around the kneed to give out any personal information so that people cannot judge you based on your politics or country of origin. There are numerous shops on line and services that will accept a bit coin transaction in exchange for their wares. While some suggest that there is not much to be bought with bitcoin, i have come to discover that this is not exactly true.

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