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Businesses that accept Bitcoin may risk privacy problems

Antone Gonsalves | June 10, 2013
Bitcoin sales all recorded to a public ledger, which means that Bitcoin payments made to a company could permit tracking of later payments made to that address.

"The research community is going to find some way to utilize this big chunk of data," he said.

This could be seen as the cost of using Bitcoin as an inexpensive payment service. "There is no such thing as free; there's always a cost," Jennex said.

 

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