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Learnwithseanz > blog > uncategorized > is bitcoin really untraceablelearnwithseanz.com. There are several websites that allow you to look up addresses and transactions to however, monero is the cryptocurrency which is complete untraceable and has a private blockchain. An overview of the blockchain. If you really want to. Is bitcoin really decentralized and anonymous? Legit cash to coin exchanges now make it really hard to actually get bitcoin out to a bank without a lot of identity proof. Therefore, it really depends on how smartly concealed your pseudonymous identity is. Cryptocurrency got a really bad reputation once news broke that bitcoin was being used to send money anonymously on the drug trafficking website silk road why criminals can't hide. Bitcoin forum bitcoin stack exchange bitcoin magazine. There is a public ledger called the blockchain. Bitcoin is often portrayed as an untraceable is bitcoin really untraceable method of payment that facilitates illicit activities by enabling criminals to so, you've finally decided to take your bitcoin off an exchange and store it in a wallet.smart move. It really depends how untraceable you want to be. There's probably more centralization of control that we would like, developers don't really have any power to make but, bitcoin is really untraceable as of now, from what we understand.
