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https://www.google.com/amp/s/www.nytimes.com/2021/06/09/technology/bitcoin-untraceable-pipeline-ransomware.amp.html https://www.google.com/amp/s/www.nytimes.com
by dadoge 5y ago
https://www.google.com/amp/s/www.nytimes.com/2021/06/09/technology/bitcoin-untraceable-pipeline-ransomware.amp.html https://www.google.com/amp/s/www.nytimes.com/2021/06/09/tech...
Nah. Bitcoin is actually a lot easier to trace than paper US Dollars.
- ostenning 5y agoExactly, people who claim btc is anonymous don’t know what they are talking about. You can literally trace every transaction ever made, and given nearly all on-off ramps to fiat require KYC, btc itself is not the problem. The problem comes from privacy coins like Monero, which arguably should be outlawed (if not already)
- Hendrikto 5y ago> The problem comes from privacy coins like Monero, which arguably should be outlawed (if not already) You cannot (and should not try to) outlaw maths.
- jMyles 5y agoCan you imagine the price spike the day that's announced? But also: outlaw where? Math doesn't recognize borders; the two are like oil and water.
- cinntaile 5y agoRegarding privacy coins... This sounds a bit dystopian though, why do you think the state should have a right to see your entire transaction history?
- selsta 5y ago> The problem comes from privacy coins like Monero, which arguably should be outlawed (if not already) Are you also in favour of outlawing Tor, E2EE, HTTPS? I am always surprised that some people want privacy outlawed. Disclaimer: Monero contributor