Hello all,
I feel like its very difficult now to actually have 100% safe and anonymous wallet.
What would the steps to have a safe and anonymous wallet that would never be tracked to a person name? This must include
Safety: if you suggest a website or an app to generate a wallet and get the keys for and then print it out on piece of paper. How are you 100% sure the generator is not fake?
Anonymity: getting the wallet undocumented and how to later on exchange it back to fiat without having to through places like Coinbase etc…
Purchasing: Many business online now accept crypto/btc but its usually associated to an account/name.
I feel like the regulations are "needed" for crypto to be accepted in masses but that kind of breaks the purpose of it.
Thanks in advance
Question: Safe Anonymous wallet
byu/No-Maintenance5342 inBitcoin
Posted by No-Maintenance5342
1 Comment
True anonymity is pretty much dead these days unless you’re going full paranoid mode. For wallet generation you’d want to use something open source that you can verify the code yourself, run it offline on a clean machine that never touches the internet again
The exchange part is where it gets tricky – peer to peer trading is probably your best bet but even then you’re dealing with bank transfers that have your name on them. Some people use crypto ATMs but those usually have cameras and limits
For purchases yeah most legit businesses are gonna want KYC info anyway. The whole “be your own bank” thing is cool in theory but in practice the government really doesn’t want you moving money around without them knowing about it