Inportance of separating our personal data from account names and crypto addresses
As long as our personal data can't be linked with our crypto currencies addresses and accounts we are safe from unexpected taxation forced by government tax collecting agencies.
If we want to control our anonymity in crypto world the most important is not to provide a link from crypto currency address (Bitcoin, Litecoin .... ) or account (Steem, Bitshares ...) to our personal data.
Bu this is easier to say than to do. When we sign up to a centralized exchange like Coinbase, Poloniex, Kraken ..... we are almost everywhere prompt to submit some of our personal data. On many exchanges we have to prove that we submit correct data with scans of our personal id documents. More features we want to use on such exchanges and more data is needed to sign up.
With submitting our personal data to the exchange we create link between our personal data and address or account from where we transfer funds to the exchange. Thus link is stored on exchange server in database where customers and order book is maintained.
Our data is now exposed. Hackers can hack exchange server and steal data from databases. They usually also transfer funds connected to our exchange account and bye bye cryptos, you will never ever come back to daddy.
Taxation agencies can also order exchange to give your personal data to them to collect taxes from your profits. I wrote about that in my post: https://steemit.com/cryptocurriences/@tombort/why-irs-can-bust-you-on-centralized-exchanges-and-not-on-bitshares where I present pros and cons about using centralised exchanges.
So solution is to use pear to pear exchanges like Localbitcoins.com or better decentralized exchanges or DEX like BitShares. BitShares don't demand personal data to sign up. You just pick your account name and use some anonymous email address to confirm signup and you are ready to go and start trading.
Of course BitShares is complete new world and you feel a little confused at the beginning. But when you collect enough experience on the platform thing is awesome. And most important, you are in full control over your funds and your actions.
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