GRIM
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Mad Referrer
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Just want to be sure all are aware that using these services for Bitcoin eliminates most of the privacy of Bitcoin.
Reason being lets say a Bitcoin address is being monitored anyone can see incoming transactions. LE however can go to the service coinbase, PayPal, cashap etc and find out who sent the transaction.
I'm most cases this probably isn't an issue just want members to be aware.
You are often far better buying coin direct from a party than a service.
Platforms also report to the IRS over a certain incoming threshold, transactions etc.
Reason being lets say a Bitcoin address is being monitored anyone can see incoming transactions. LE however can go to the service coinbase, PayPal, cashap etc and find out who sent the transaction.
I'm most cases this probably isn't an issue just want members to be aware.
You are often far better buying coin direct from a party than a service.
Platforms also report to the IRS over a certain incoming threshold, transactions etc.
