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And with a total lack of fungibility things could get even crazier with crypto. Imagine losing your house because you cashed out some BTC you got off of some gu
by shiado 6y ago
And with a total lack of fungibility things could get even crazier with crypto. Imagine losing your house because you cashed out some BTC you got off of some guy you don't know for cash that Chainalysis says is linked to the Silk Road five transactions back so it is the proceeds of crime.
- gamblor956 6y agoNormally, traceability doesn't extend that far (since generally unless you're the government you don't have the ability to determine the provenance of cash) but with blockchains, you can know if the money you receive is tainted, so it's possible that some jurisdictions might extend tracing to completely innocent parties.