Cryptocurrency: Cryptocurrency basics step by step (volume Book 1) by Fenathra Kelly

Author:Fenathra, Kelly [Fenathra, Kelly]
Language: eng
Format: azw3
Published: 2019-01-16T16:00:00+00:00

7. Privacy protection

There are two significant features of cryptocurrencies that make it very attractive for users; these are privacy and anonymity. Cryptocurrency users can employ the use of pseudonyms that are not connected to their personal information or accounts of users. There are layers of protections made possible by the crypto-security which ensures that personal details are not utilized nor compromised.

8. No financial retribution

In some countries, it is always easy for those in authorities to freeze the assets and private bank accounts of very wealthy individuals especially those who are in violation of the ruling party’s decisions.

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