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Lesson 1 – Buying Bitcoin Anonymously: Why It Matters
Why Buy Bitcoin Anonymously?
Many individuals prefer purchasing Bitcoin anonymously for privacy and security reasons. Common motivations include:
Avoiding government tracking of financial transactions.
Simplifying the purchasing process without the need for extensive identity verification.
Protecting personal financial data from potential breaches.
Although the most straightforward way to purchase Bitcoin is through an exchange, these platforms often require identity verification and report transactions to authorities. Thankfully, there are alternatives for those who value their privacy.