Private transactions, despite what people here are saying. Let me explain:
Privacy is not equal to anonymity. The latter is much harder to achieve.
There is Monero, a crypto made specifically for anonymity. It’s not very convenient to use, but it is preserving anonymity with multiple measures.
Even Bitcoin, which is not built for that purpose, is private enough. It depends on how you use it.
Deanonimization in general happens when you link your transaction with personal identifying information, but you can reduce your exposure by following certain opsec rules. I see this situation is better than traditional banking where your transactions are always not anonymous, and privacy is only protected by the bank itself. Data leaks happen, governments can get to your transaction info via legal means, but with crypto you have more options to protect yourself.
Private transactions, despite what people here are saying. Let me explain:
Privacy is not equal to anonymity. The latter is much harder to achieve.
There is Monero, a crypto made specifically for anonymity. It’s not very convenient to use, but it is preserving anonymity with multiple measures.
Even Bitcoin, which is not built for that purpose, is private enough. It depends on how you use it.
Deanonimization in general happens when you link your transaction with personal identifying information, but you can reduce your exposure by following certain opsec rules. I see this situation is better than traditional banking where your transactions are always not anonymous, and privacy is only protected by the bank itself. Data leaks happen, governments can get to your transaction info via legal means, but with crypto you have more options to protect yourself.