Cryptocurrency Q&A
Does the government see Bitcoin transactions?
Does the government see Bitcoin transactions?
GeishaCharming
Wed Dec 04 2024
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5 answers
1432
I'm wondering if the government has the ability to view Bitcoin transactions. Are these transactions visible to them, or are they completely anonymous?
5 answers
GwanghwamunGuardianAngelWings
Fri Dec 06 2024
Public blockchains, like Bitcoin and Ethereum, record transactions in a transparent manner.
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Riccardo
Fri Dec 06 2024
These records are accessible to anyone with internet access, providing a level of openness.
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CloudlitWonder
Fri Dec 06 2024
Even the IRS can potentially monitor these transactions, despite their initial anonymity.
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HanjiArtistryCraftsmanshipMasterpiece
Fri Dec 06 2024
Cryptocurrency transactions, despite their pseudo-anonymity, possess traceability.
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Lucia
Fri Dec 06 2024
Through sophisticated methods, the IRS can match 'anonymous' transactions to identifiable individuals.
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