those transactions --> C1 A1 --> B1 --> C2 --> B2 --> D1 --> D2 --> E1 --> E2 If wallet fingerprinting finds that transactions A, B

any other income. With Bitcoin being touted as a way to conduct anonymous transactions and as

properties make it well suited for this: Censorship resistant . Nobody can stop or seize transactions being sent or received

networks and open source software Bitcoin minimizes and replaces these trust costs. Bitcoin Transactions are: Permissionless and

those transactions --> C1 A1 --> B1 --> C2 --> B2 --> D1 --> D2 --> E1 --> E2 If wallet fingerprinting finds that transactions A, B

networks and open source software Bitcoin minimizes and replaces these trust costs. Bitcoin Transactions are: Permissionless and

has several disadvantages: It is costly. EFTs in Europe can cost 25 euros. Credit transactions can cost several percent

encrypted on paper, on disk, or even memorized in your brain . Can be made anonymous , meaning nobody would even

The United States Federal Reserve ) Not debt-based Unlike electronic fiat currency systems, bitcoins are: Potentially anonymous Freeze-proof Faster to

of messages, but also hiding who is talking to whom (traffic analysis). Tor provides anonymous connections that are strongly

of messages, but also hiding who is talking to whom (traffic analysis). Tor provides anonymous connections that are strongly