3 ms·

Stores have cameras and Visa cards have unique numbers. Not too hard to put the two together. Bitcoin let's you transact without having to interact in physical

Stores have cameras and Visa cards have unique numbers. Not too hard to put the two together. Bitcoin let's you transact without having to interact in physical space to acquire or spend them.

Spivak 9y ago
And just how are you going to do a dollar <-> bitcoin exchange without revealing any information about your identity?
- HNNoLikey 9y ago
  Bitcoin mixers would serve you well in this instance. Just buy BTC normally and clean via a mixer.
  - RcouF1uZ4gsC 9y ago
    And how do you know that that the Bitcoin mixer you decided to use is not actually operated by the FBI and that they are actually keeping a private log tying bitcoins in with bitcoins out?
    - HNNoLikey 9y ago
      Had similar questions yesterday and some hackers responded here: https://news.ycombinator.com/item?id=15016338 https://news.ycombinator.com/item?id=15016338
      - e12e 9y ago
        That doesn't seem to address hostile mixers? Running dark-net bazaars, bitcoin mixers and "hacker"(cracker) forums seems like trivial intel basics. Just like running "anonymous" [ed:remailers,[1]] and tor nodes. [1] https://en.m.wikipedia.org/wiki/Mixmaster_anonymous_remailer https://en.m.wikipedia.org/wiki/Mixmaster_anonymous_remailer
        HNNoLikey 9y ago
        I actually think it would suffice to payout at random times with an insanely high number of bitcoin addresses (all autogenerated via a script) for high number of users (the more the better). It would be virtually impossible to know who got how much BTC out (may be in, but not out). As for the hostile mixers, I'm afraid I can't offer any solution other than to rely on reputation. That said, it is rather telling that bitmixer.io is closing [https://news.ycombinator.com/item?id=14843373 https://news.ycombinator.com/item?id=14843373]. It may not be safe to run a mixer; the feds may come after you.
    - ringaroundthetx 9y ago
      Monero. This whole argument is stuck in 2012. Lean not on your own understanding and look at the technology thats out there.
- alexmat 9y ago
  You don't have to trade for dollars. You can use one or more intermediaries such as gift cards and high resale value goods, just like using proxies to distance yourself. The more hops, the harder it is to connect.
- deleted 9y ago
  [deleted]

Stores have cameras and Visa cards have unique numbers. Not too hard to put the two together. Bitcoin let's you transact without having to interact in physical space to acquire or spend them.

Spivak 9y ago

And just how are you going to do a dollar <-> bitcoin exchange without revealing any information about your identity?

HNNoLikey 9y ago
Bitcoin mixers would serve you well in this instance. Just buy BTC normally and clean via a mixer.
- RcouF1uZ4gsC 9y ago
  And how do you know that that the Bitcoin mixer you decided to use is not actually operated by the FBI and that they are actually keeping a private log tying bitcoins in with bitcoins out?
  - HNNoLikey 9y ago
    Had similar questions yesterday and some hackers responded here: https://news.ycombinator.com/item?id=15016338 https://news.ycombinator.com/item?id=15016338
    - e12e 9y ago
      That doesn't seem to address hostile mixers? Running dark-net bazaars, bitcoin mixers and "hacker"(cracker) forums seems like trivial intel basics. Just like running "anonymous" [ed:remailers,[1]] and tor nodes. [1] https://en.m.wikipedia.org/wiki/Mixmaster_anonymous_remailer https://en.m.wikipedia.org/wiki/Mixmaster_anonymous_remailer
      - HNNoLikey 9y ago
        I actually think it would suffice to payout at random times with an insanely high number of bitcoin addresses (all autogenerated via a script) for high number of users (the more the better). It would be virtually impossible to know who got how much BTC out (may be in, but not out). As for the hostile mixers, I'm afraid I can't offer any solution other than to rely on reputation. That said, it is rather telling that bitmixer.io is closing [https://news.ycombinator.com/item?id=14843373 https://news.ycombinator.com/item?id=14843373]. It may not be safe to run a mixer; the feds may come after you.
  - ringaroundthetx 9y ago
    Monero. This whole argument is stuck in 2012. Lean not on your own understanding and look at the technology thats out there.
alexmat 9y ago
You don't have to trade for dollars. You can use one or more intermediaries such as gift cards and high resale value goods, just like using proxies to distance yourself. The more hops, the harder it is to connect.
deleted 9y ago
[deleted]