Bitcoin Pseudonymity

Bitcoin's rapid growth has indeed been something of great wonder. In recent times, the coin has gained increased usability, evidenced by increased transactions-nearly 270 000 transactions per day with an increased number of online merchants who offer the ability to pay using Bitcoin.  While Bitcoin's transactions have often been described as anonymous, the coin isn't entirely anonymous. Yes, Bitcoin transactions are recorded and made public but are linked only with an electronic address. This, therefore, means that whatever you purchase…