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RE: 'Shark Tank's' Robert Herjavec: Here's how hackers use bitcoin against you

I can't believe that anyone still thinks that Bitcoin is functionally anonymous. Sure, there are edge cases where you could never link an identify to a public wallet, but doing this still involves people, which I would argue are much less secure than technology and much more likely to get a criminal pinched. As data sources become more correlated through Big Data initiatives, and ironically through blockchain applications, it will be difficult to keeps Bitcoin wallet addresses disassociated to identities.

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Yuuuup, the problem is that you have to cash out somewhere and even utilizing pseudonimity to it's Max leaves you with the problem cashing out or spending it.

Even achieving anonymity and unlinkability is very hard, not the intended purpose of Bitcoin. Your 100% right in terms of the act of hiding it will only single you out. It's like having a laptop running Tor on a public WiFi, there will be only one person using it.