Ability to translate business needs into technical requirements and collaborate effectively with development teams. Exceptional communication abilities to convey complex technical concepts in a clear and concise manner to diverse audiences, including executives, technical teams, and stakeholders. In a system with glass walls like Bitcoin, criminals, governments, corporations and regulatory agencies realize that it is very easy for them to abuse and exploit people. It has the ability to rewrite the entire financial system. Even when using a Visa or Mastercard with your bank, Visa or your bank might know of the transaction, but it isn’t broadcast publicly to the entire world like Bitcoin or other cryptocurrencies. Everyone in the world knows how much everyone makes and know what suppliers each business transacts with. Seasoned criminals know how to juggle Bitcoin and other non-cryptic cryptocurrencies to avoid compromising privacy; normal people do not and can fall prey to some of the worst things just by using Bitcoin for normal things in normal ways. American dollars are centrally financially controled, but we can transact without that being public information. You might think the American dollar is a NWO/Satanic/Mark-of-the-Beast currency that will take away your freedoms, but let me tell you that Bitcoin as it is is far worse!
It will be even worse. It is a peer-to-peer and totally anonymous exchange which even creates its own Tor service automatically. Peer-to-peer (P2P). A peer-to-peer crypto exchange operates like a decentralized exchange, but there’s still a central body that acts as the intermediary. With supported p2p methods, users can post ads of the crypto they want to trade on Binance. Getting started buying Bitcoin with a prepaid debit card (or any other crypto) is easy, and takes just a few minutes. If you don’t want someone to monitor your investment in BTC for the long term, then buying BTC on a non-KYC exchange is a good option, and there’s no hassle of going through exchanges that ask for KYC verification. Many people believed Bitcoin prices would keep climbing and began buying it as long-term investments. Monero is a digital currency that has the blockchain technology of Bitcoin, but has in its core very smartly designed tech to keep the transactions on this public blockchain totally opaque. The dollar, the euro, the renminbi and every other currency by definition has the same privacy features as Monero. Similar features with Bitfinex: Affiliate program, cold storage.
Storage. Most exchanges offer an exchange wallet, but you can look for other options. Much more evil can be done with public transactions than private transactions: they can cause blackmail, rumors, gossip-mongering, witchhunts, stalking and targeted robberies and attacks. Instead of one address on the blockchain, you technically have a different address for every single transaction and only by your private view key can you see that they are yours. You can store your Bitcoin safely on your Binance wallet or on our crypto wallet app Trust Wallet, the most user-friendly and secure mobile wallet. Globally, it is estimated that by the end of 2023 there were 580 million crypto owners, with over 296 million Bitcoin owners. The “crypto” in cryptocurrency merely comes from its cryptographic nature. When it comes to actual privacy, cryptocurrencies are an unmitigated disaster: All transactions and wallet balances are easily viewable on the necessarily public blockchain. Your personal budget, income and bank account is necessarily public information. Every business’s expenditures and payroll are now necessarily public information. Lee, Timothy B. “The $11 million in bitcoins the Winklevoss brothers bought is now worth $32 million”.
This makes easy micromanagement and taxation of even minor things that might not be plausibly taxable now. Bitcoin is therefore a unique privacy disaster that we can’t even anticipate. But here’s the thing: Every currency in human history has been totally private, so we have no other similar disaster scenario to even compare this to. Maybe you don’t even mind a world where eveyone is continuously “doxxed” and bombared with perfectly targetted ads a là Minority Report. No sane person would volunteer to reveal all their bank accounts, transaction histories, spending habits and thereby physical movements for no reason to every government and business in the world. If for whatever regionally dependent reason one currency is more preferred than the other, does that invalidate the other currency as cash money? The more liquid a given exchange is, the larger the trade volume is. More important than that is systemic privacy. Stealth addresses to protect receiver privacy. All transactions are jointly signed by not just the actual sender, but ten other addresses.