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Traceable via otherwise anonymous addresses. It’s the de-anonymization that’s hard.

• JumpCrisscross 3y ago
  > the de-anonymization that’s hard In the few cases I’ve seen someone expend effort on it, it was trivial. Most people have terrible opsec. Even if you do, if you transact with someone who doesn’t (or who will deanonymise you for shockingly-trivial compensation), you’re partly compromised.
  • sebzim4500 3y ago
    I think most people using crypto for illegal purposes will mainly be transacting with people that don't know their identity, so that is not a deanonymising risk. It's true that people sometimes get caught via chainalysis/etc., but I think there is a lot of sampling bias here. Someone who isn't an idiot and washes their funds through dodgy asian exchanges/privacy coins is probably quite safe, even compared to using cash.
    • JumpCrisscross 3y ago
      > think most people using crypto for illegal purposes will mainly be transacting with people that don't know their identity, so that is not a deanonymising risk Demonstrably untrue. Also, many people using crypto are unknowingly commiting crimes. They're not the smartest bunch. Between taxes and reporting requirements, you can usually nail a crypto user with less than $1k PI time.
      • sebzim4500 3y ago
        If it's demonstrably untrue then demonstrate that it isn't true