Thought exercise example. You want to support Snowden so you zap him $100,000 in Bitcoin. The US government imprisons you for supporting a treasonous criminal, or even accessory to his crimes because the blockchain is evidence. Solutions?
Discussion
Send BTC to snowden 🤣🤣🤣🤣 you got me fucked up that dude is rich this situation Won't happen to me because I aint sending nobody like that BTC man you got me messed up.
My point is though that it will happen to someone at some point. Maybe it’s a group of revolutionaries trying to overthrow a hostile regime in the US? Biden cartel? IDK. It’s food for thought.
Bitcoin keeps your transactions strictly P2P. Don't be stupid and involve third parties, ever.
Keep your financial information to yourself, and don't KYC for any reason.
How does Bitcoin keep transactions strictly P2P? Maybe I’m missing something but your ip-address and the wallet addresses sending and receiving are on a publicly distributed blockchain ledger forever. Those addresses could be used to correlate your sent and received funds to every wallet/ip-address you interact with. Yes?