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Showing posts with the label How do you make bitcoins bought from a exchange anonymous?

How do you make bitcoins bought from a exchange anonymous?

How do you make bitcoins bought from a exchange anonymous? Contrary to what most people think, bitcoin is not 100% anonymous. It is pseudonym. Now, let us say you bought bitcoins from a exchange. The exchange has your government issued ID. Then you send your bitcoins to a offline wallet. Now, the blockchain has a record of the exchange sending you bitcoins to your wallet, and the exchange has a record of what offline wallet is linked to you. How do you effectively separate this link? My theory is that you can send your bitcoins from your offline wallet to a bitcoin casino site, then withdraw your balance to another wallet. Would that remove all the links to your bitcoins from your ID/make it impossible to trace back to you? http://ift.tt/2jThq2g