How Anonymous is Bitcoin? A Backgrounder for Policymakers

How Anonymous is Bitcoin? A Backgrounder for Policymakers

Adam Ludwin co-founded Chain.com, a bitcoin developer platform. Prior to Chain, Adam was a venture investor in companies including Vine, Slack, Kik, and Paperless Post. In this article, he addresses the distinction between privacy and anonymity in bitcoin. Bitcoin is often described as a way to transact anonymously. But just how anonymous is it? First off, it is useful to draw a basic distinction between anonymity and privacy in the context of financial transactions. We will call a transaction "anonymous" if no one knows who you are. We will call a transaction "private" if what you....


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