All they need is your wallet address. They can easily correlate wallet addresses to people and/or corporations. All transactions are on the public ledger. Bitcoin is not private at all. Every transaction is public. It's the perfect tool to track and trace everyone.
Private coins like Monero or pirate chain address these problems. Bitcoin is not it. Should not be worth what it is. It's value is running entirely on brand recognition and blind faith.
All they need is your wallet address. They can easily correlate wallet addresses to people and/or corporations. All transactions are on the public ledger. Bitcoin is not private at all. Every transaction is public. It's the perfect tool to track and trace everyone.
Private coins like Monero or pirate chain address these problems. Bitcoin is not it. Should not be worth what it is. It's value is running entirely on brand recognition and blind faith.