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Or you could, you know, use Bitcoin as money instead of trying to convert it to Dollars all at once.
by supergreg 10y ago
Or you could, you know, use Bitcoin as money instead of trying to convert it to Dollars all at once.
- golergka 10y agoEarn Bitcoin as blackhat, then use it to order pizza to your real address. Seems like a solid plan.
- goatsi 10y agoGo to Alphabay and purchase some drugs. Buy MDMA at $9-20/g, sell it at $80-100/g. Buy LSD at $1/blotter, sell it at $10 a blotter. Buy Xanax at $0.90/pill, sell it at $2-5/pill. Obviously you need to make some connections for this to work.
- navait 10y agoThe idea is to put yourself at less legal risk, not more. The penalties for drug dealing are pretty harsh in most of the world.
- RangerScience 10y agoI tried tracing Bitcoin transactions once. Not being a security professional in any way, you should take my opinion with a grain of salt, but what I found was that if you send the coins through a mixer, it's probably impossible to figure out where they went afterwards. There's just way to many ways to obfuscate where they ultimately end up, with even a bit of effort. With proper precautions, I would not expect to be tracked down through the coins themselves.
- KON_Air 10y agoAlso anyone who can trace bitcoins just won't let themselves be in such a position to begin with.
- awqrre 10y agoYou would first have to use a coin tumbler (that you can trust) for this to work?
- deleted 10y ago[deleted]