Bitcoin is pseudonymous, not anonymous. Transactions are public on the blockchain, but addresses do not directly reveal users' identities. Learn more!

Since Bitcoin’s emergence in 2008, it has been associated with concepts such as financial freedom, privacy, security, and decentralization. With Bitcoin, an alternative financial system was born, enabling anyone, anywhere in the world, to transact without relying on banks or intermediaries.

These characteristics have led many to believe that Bitcoin is completely anonymous, especially since using it does not require providing documents, names, or any form of personal identification.

However, this perception is more complex than it seems.

While Bitcoin is indeed a powerful tool for enhancing financial freedom, its design does not guarantee full anonymity, as all transactions on the network are recorded on a public blockchain.

Thus, privacy in Bitcoin usage depends more on good practices and technical knowledge than on automatic guarantees.

Well, if you’ve ever wondered whether Bitcoin is truly anonymous or how to protect your transactions from prying eyes, this article is for you!

Table of contents

• How does privacy work in Bitcoin?
• What’s the difference between anonymous and pseudonymous?
• Bitcoin is pseudonymous, not anonymous!
• Can Bitcoin transactions be tracked?
• How to increase privacy when using Bitcoin?
• Final thoughts

...read more at blog.areabitcoin.co