How Coinbase Spies On Your Bitcoin (And What To Do About It)

𝐋𝐞𝐚𝐫𝐧 𝐭𝐨 𝐛𝐮𝐲 𝐚𝐧𝐨𝐧𝐲𝐦𝐨𝐮𝐬 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐚𝐧𝐝 𝐂𝐨𝐢𝐧𝐉𝐨𝐢𝐧:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

In this video, I discuss how to use a Bitcoin blockchain explorer like mempool.space to track the movement of Bitcoin from one address to another-- and the privacy implications of this.

I also discuss KYC Bitcoin, and how exchanges like Coinbase are able to link your personal information to your activity on the Bitcoin blockchain using chain analysis (chain surveillance).

I further discuss the engineering trade-offs and choices that both Bitcoin and Monero have made.

KYC Bitcoin is probably fine for long-term hodlers. If you want to take Bitcoin privacy to the next level, learn how to buy anonymous Bitcoin and use collaborative transactions like CoinJoin.

The biggest problem is the KYC regime, not Bitcoin's construction.

Not investment advice! Consult a financial advisor.

How To Prove That You Own Bitcoin (Signed Messages):
https://www.youtube.com/watch?v=7BtxRgJD4aM&ab_channel=TraderUniversity

My favorite Bitcoin blockchain explorer:
https://mempool.space/

Coinbase Offers US Feds New Crypto Surveillance Tools:
https://www.coindesk.com/markets/2020/06/05/coinbase-offers-us-feds-new-crypto-surveillance-tools/

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#bitcoin
#coinbase
#privacy

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