Bitcoin's pseudonymous nature allows users to transact without revealing their identity from "summary" of The Bitcoin Standard by Saifedean Ammous
Bitcoin's pseudonymous nature is a key feature of the system, as it allows users to transact without revealing their identity. This means that individuals can send and receive funds without needing to disclose personal information such as their name, address, or any other identifying details. Instead, users are identified by a unique string of characters known as a public key, which serves as their digital address on the Bitcoin network. By using pseudonyms instead of real names, Bitcoin users can maintain a level of privacy and anonymity when conducting transactions. This is in stark contrast to traditional financial systems, where individuals are required to provide exte...
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