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by  |  28-May-2018 15:56

The crypto coins do not have the same issues with controlling overlords taking percentages, holding your money, canceling your accounts, or reporting your financial activity to multiple agencies.

Bitcoin is not anonymous – there are methods that can be used to minimize worldwide knowledge of your transactions through bitcoin.

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These options are not very efficient in my opinion – although the processing fees are small.

I have seen girls get a square account and get guys to swipe a card on their phone to have money electronically pulled from their credit or debit card into the girl’s bank account.

Third party processors tend to handle fraud better, but there may be times when someone wants to send you money, but the processor will not accept their payment – for whatever reason.

So there is good and bad in whichever method you choose to use to get money.

Mixers charge a percentage to do that, and even then, there is a worldwide shared log of the addresses that bitcoins go to.

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