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My understanding is that it's easy to track the transfer of bitcoins to accounts, but very difficult (impossible) to figure out who is behind an account unless
by canadaduane 16y ago
My understanding is that it's easy to track the transfer of bitcoins to accounts, but very difficult (impossible) to figure out who is behind an account unless they choose to reveal their identity. Since accounts can be generated on a whim, and with no identification, the upshot is that taxation would be unenforceable.
- maurycy 16y agoThey do not think so[1]. It is easier to fail than with the old-fashioned money, given that all the transactions are publicly logged. http://www.bitcoin.org/wiki/doku.php?id=anonymity http://www.bitcoin.org/wiki/doku.php?id=anonymity