• 124 Posts
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Joined 3 years ago
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Cake day: March 2nd, 2023

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  • Hirom@beehaw.orgto196@lemmy.blahaj.zoneRagebait Rule
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    1 day ago

    Claiming Bitcoin is anonymous is indeed a common mistake, which I didn’t make.

    Pseudonyms can help provide privacy, the issue is that those pseudonyms are permanently tied to Bitcoin wallets. Making a transaction with an exchange or seller while providing a full identity allow that exchange to trace all transactions and reassociate identities.

    You do make good point, Bitcoin’s use of permanent pseudonyms is another reason why Bitcoin isn’t useful for daily private payments.


  • Hirom@beehaw.orgto196@lemmy.blahaj.zoneRagebait Rule
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    2 days ago

    Bicoin isn’t useful for private daily payments given the high volatility and fees and inefficiency. It was the intention but didn’t pan out.

    Today’s main uses cases for Bitcoin:

    • Speculative investments
    • Money laundering
    • Russia, North Korea, and Iran escaping international sanctions

  • The extension remains live and featured as of this writing.

    The Chrome Web Store should be avoided for security. Google keeps failing at moderaring their store, at the same time kneecaping legitimate adblockers with manifest v3 in the name of security, and failing to remove actual malicious extension after both manual review and dislosure of its behaviour by outsiders.

    Running Chrome without any extension isn’t ideal either, it would leave people without protection from malvertising and tracking. So better avoid Chrome altogether, use Firefox or Zen Browser or Tor Browser.