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Old 09-19-2014, 06:43 AM  
Payza
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Quote:
Originally Posted by edgeprod View Post
Don't confuse privacy with anonymity. Privacy is I know who you are, but can't see what you're doing. Anonymity means I know what you're doing, but not who you are. Most smart people want the latter.
Good point. Was more trying to point out that transactions can be tracked. So, to answer myjah's question, if a merchant said "Hey, you never sent us any bitcoins so we're not providing you a service" that can be easily contended by the customer, the transaction is logged and the register is publicly accessible.

The anonymity factor can complicate things a bit, but in all likelihood, bad actors will get called out as such by the community.

Throw in the fact that businesses for the most part are using processing companies to accept Bitcoin payments, and anonymity (and deniability with it) kind of goes out the window.
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