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Bitcoin would be clearly a better choice. Yes, you don’t need a subpoena to view the ledger, but the ledger doesn’t necessarily provide a way to identify you.
by poundofshrimp 6y ago
Bitcoin would be clearly a better choice. Yes, you don’t need a subpoena to view the ledger, but the ledger doesn’t necessarily provide a way to identify you.
- toomuchtodo 6y agoPeople suck at opsec (see: Silk Road), and the people making these mistakes would’ve used an exchange required to adhere to KYC/AML requirements to operate in the US (which connects chain information to PII). Cash in an envelope leaves no trail. Large ATM withdrawals can be explained away.
- ALittleLight 6y agoBitcoin seems like a silly choice, even if your prostitute accepts it. Cash seems much more obvious and easier. Plus, lower transaction fees and faster transfer.
- smaryjerry 6y agoI read several articles where the FBI says butcoin is the most traceable form of money. Sure you don’t know which person creates a wallet but then there is usually an entry point and exit point into fiat cash requires identity unless you literally sell your wallet on a thumb drive in person.