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Nontrivial to use. Still need to pass it to someone to convert fiat to crypto. Bitcoin is a public ledger, would be even easier to tie to him in some ways.
by bongoman37 2y ago
Nontrivial to use. Still need to pass it to someone to convert fiat to crypto. Bitcoin is a public ledger, would be even easier to tie to him in some ways.
- newsclues 2y agoTrade the entire wallet, that isn’t registered to anyone’s name? Seems easy enough to move money illicitly with crypto
- crtasm 2y agoSo now at least two people - who I'm going to assume don't have 100% trust in each other - both have the private keys. How is this going to work?
- newsclues 2y agoPhysical hardware key, so neither party knows it, but possession of it is the authentication. Essentially crypto can be untraceable like cash or gold, it can be traded off the books, until you ‘launder’ it into someone’s name.