4 ms·
> I am surprised no one mentioned that it is possible to trace bitcoin. The many ways to CoinJoin that the article covers address just that. (Just saying for c
by sshine 4y ago
> I am surprised no one mentioned that it is possible to trace bitcoin.
The many ways to CoinJoin that the article covers address just that. (Just saying for completeness.)
> this article make me wonder if its real value depends upon its use for illegal activities
Bitcoin has many values to many people. Speculation was most often at the top, money laundering / unsanctioned money transfers, drug trade, trafficking and similar non-speculative, criminal uses second. With the recent changes, speculation may come to have a smaller share than before, but still significant. Since the dream of STONKS was always what made the general population condone crypto currencies, maybe we’ll see a decline in support in western societies. At least, with the heavy AML effort in the EU, it could go that way. I sense that Asia is not going that way soon. From what I’ve read (I’m not in Asia), it is as hyped as it ever was. I suspect it fits with gambling cultures.