Is Bitcoin Really Anonymous? Understanding Pseudonymity
bitcoin is often seen as anonymous, but it is actually pseudonymous. Transactions are tied to alphanumeric addresses, and once linked to a real identity, activity can be traced.
How Trackable Are Bitcoin Transactions on the Blockchain?
bitcoin transactions are pseudonymous, not anonymous. Every transfer is recorded on the public blockchain, allowing analysts to trace funds and often link wallet activity to real-world identities.
Can Bitcoin Be Banned? Global Ban Is Nearly Impossible
While individual countries can restrict trading and mining, bitcoin’s decentralized protocol, global nodes and peer-to-peer networks make a coordinated global ban nearly impossible without disrupting the internet.
Why a Global Ban on Bitcoin Is Nearly Impossible
A global ban on bitcoin is nearly impossible: its decentralized, cross-border network, open-source code, distributed miners and users, and peer-to-peer transfers resist centralized enforcement and shutdown.