You might be asking yourself what can I do to improve my anonymity while using Bitcoins? With the recent high profile hacks on several major online retailers, you may feel more vulnerable than ever to identity theft. But you don’t have to worry anymore! Because with the development of new technologies like Bitcoin it is now easier than ever to remain anonymous online.
Bitcoin is a virtual currency that is being used to buy goods and services over the Internet. It is rather popular in the world of online transactions. You can purchase items on Amazon, your favorite book store, iTunes or book stores like Amazon and start making Bitcoin purchases.
In order to make Bitcoin transactions, you need to get the private key or address for a specific Bitcoin wallet that you are using. While you can buy your goods and services using an ordinary credit card, you would then need to provide your personal information in order to purchase these items.
However, if you want to remain anonymous when doing so, you can send the person you are purchasing from the personal information through e-mail. This allows them to then add the funds from your credit card into their account. And there you have your anonymous payment.
Once you have the private information you will be able to use it again to purchase something you want without having to reveal the identity of the person. One example is if you were wanting to go on a shopping spree and purchased a plane ticket on your credit card but later found out that you were in another country, you would still be able to use your e-mail address to make the payment, because they would be getting the funds directly from their PayPal account.
And when you don’t need to use your personal information, you can create new addresses that you can use for making purchases or sending money. To do this, all you have to do is to create two Bitcoin addresses, one for each of your wallets. Then you can generate new addresses every time you use your wallets.
Once you create your wallets, you can spend Bitcoins directly from the wallet you created. You will then only need to enter the information needed for spending the Bitcoins from your current wallet. After you finish making payments, you will have a new address for receiving the payment.
Since you have the private keys to these Bitcoin wallets, you can access the funds in either of your wallets without revealing the identity of the person. This makes your Bitcoins extremely secure. You can also control your wallet without any interference, unlike if you use conventional methods where you can’t have complete control over the money because the money is locked up in some big bank.