Bitcoin Neither Anonymous Nor Illegal

April 24, 2018

Contrary to the opinion stated by the media Canadian researcher Rémi Quirion asserts in his report, Bitcoin is absolutely not meant for malpractice.

“The anonymity of bitcoin is a myth. There is no more transparent money because you have to go through a platform where you have to give personal information. At the very least, [even if a name is fake] we always know the address of the transmitter and that of the receiver”, Quirion noted.

As the scientist says, public character of blockchain underlying the well-known cryptocurrency is just incapable of making Bitcoin anonymous.

The research also stresses the following:

“Bitcoin is not above the law, nor is it a magnet for illicit transactions: it forms only a tiny part of the criminal money circulating around the planet”.

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