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> transfer it to a online poker site for example (directly, without raising possible issues) If we think of Bitcoin as an electronic cash equivalent, isn't thi
by Reelin 6y ago
> transfer it to a online poker site for example (directly, without raising possible issues)
If we think of Bitcoin as an electronic cash equivalent, isn't this a bit like worrying that you can't get away with making a withdrawal at the counter followed by a purchase from your drug dealer on the sidewalk out front?
What's far more concerning is the (even remote) possibility that any of the tracing services achieves technological success.
- runawaybottle 6y agoSure, but I guess my point is if you are not using Bitcoin to circumvent soft laws (online poker) or investing, every other use case just doesn’t make sense. You’re converting cash to coin and then back to cash, and it’s all tracked like a bank statement. What’s the general use case of that? I thought we were supposed to not have a central authority approving transactions?
- GoblinSlayer 6y agoIf you send coins to a cold wallet, you will be more or less free from approval, and even pseudonymous if you're careful.