Cryptocurrency Q&A
Is paying with Bitcoin traceable?
Is paying with Bitcoin traceable?
HallyuHero
Mon Dec 23 2024
|
5
answers
1294
I'm considering using Bitcoin for payment but I'm concerned about privacy. I want to know if paying with Bitcoin leaves a trace that can be tracked back to me.
5 answers
HanRiverVisionary
Wed Dec 25 2024
Every transaction made using Bitcoin can be traced back to its origin.
Was this helpful?
344
96
Chloe_jackson_athlete
Wed Dec 25 2024
The Bitcoin network serves as a permanent storage facility for all transactions.
Was this helpful?
370
95
Valentina
Wed Dec 25 2024
Bitcoin addresses play a crucial role in the allocation and transfer of bitcoins.
Was this helpful?
242
86
MysticEchoFirefly
Wed Dec 25 2024
Bitcoin transactions are entirely transparent and open to the public.
Was this helpful?
42
90
ShintoSanctum
Wed Dec 25 2024
These addresses are unique identifiers that are generated privately by each user's wallet.
Was this helpful?
296
32
