Are there any privacy concerns with bitcoin? For instance, suppose I know the day someone got reddit gold. Could I then check the bitcoin transaction database (eg: bitcoin block explorer) to extract the ip of the users that created the account that day, and link this account to other transactions and try to pin down the individual?
This is just a far-fetched scenario, but I'm wondering what would change when money stopped being so anonimous as it is now..
You would be able to find their wallet address, but good practice is to use a different wallet address for each person you send payments to. The blockchain doesn't keep track of IP addresses to preserve anonymity.
This is just a far-fetched scenario, but I'm wondering what would change when money stopped being so anonimous as it is now..