Well, yes, providing you use something like Monero. We all should know by now that Bitcoin has a transparent ledger and your kids in 20 years time will probably be able to see what you spent your Bitcoin on.
Well, yes, providing you use something like Monero. We all should know by now that Bitcoin has a transparent ledger and your kids in 20 years time will probably be able to see what you spent your Bitcoin on.
Monero and zk proof based networks are private (distinct from anonymous) because the interactions between the accounts and funds are largely obscured.
While these zk proof based networks are also anonymous, most networks are not also private.
It's a small distinction but it's important none-the-less. Privacy improves anonymity but it's perfectly possible to remain anonymous without privacy.
Or by observing the IP from which you access Bitcoin.
Furthermore, with dandelion routing, you cannot find the true origin of the tx by sight, even if you find the true first IP relaying the transaction.