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    Author Topic: Recipient Address Re-use a bad idea?  (Read 1443 times)
    elggawf (OP)
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    April 13, 2011, 05:27:42 AM
     #1

    Hi,

    I took a quick search via the forums, and have checked a few times on Google. I'm looking at accepting BitCoin payments for a small company on a very small trial basis (say, $X per month quota and that's it). I have bills that need to be paid in USD, so I can't just up and accept it as a blanket alternative yet, without a guaranteed way to turn those BitCoins into USD in a hurry and with no value-risk to me... but I'm almost convinced that there's no harm in offering it on a limited scale.

    What I'm confused by is that I always see it being recommended to generate a fresh address for each transaction (?) - is that a good idea in general, or is it only for maintaining anonymity? I am not operating in a field where anonymity is required or even desirable, and to simplify administration/bookkeeping I would think that having one receive address per client would be plenty.

    Is this a dumb idea? Am I misunderstanding something about BitCoin's operation? Am I wrong or insensitive to not particularly care about anonymity in my immediate business dealings?

    ^_^
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