5 ms·
Well, you could just by them on the street with paper money [1]. Or you could use one of the shuffling services around [2]. [1] https://localbitcoins.com/ htt
by skriticos2 14y ago
Well, you could just by them on the street with paper money [1]. Or you could use one of the shuffling services around [2].
[1] https://localbitcoins.com/ https://localbitcoins.com/
[2] https://www.google.com/#hl=en&q=bitcoin+laundry https://www.google.com/#hl=en&q=bitcoin+laundry
- tjoff 14y agoBoth requiring you to trust a third party.
- chaostheory 14y agoAlmost everything in modern society, especially most things related to technology, requires trusting a 3rd party at one point or another.
- tjoff 14y agoYes, but the general perception of bitcoin is that it is completely anonymous. Where it in practice probably is, if you don't take any precautions, the least anonymous currency in the world, where everyone can inspect the transaction history of coins and anyone with decent turn-over can map out a lot. Trivially (these databases will, of course, be sold and leaked). And since most services at some point require you to reveal yourself mapping out individuals from bitcoin transactions isn't exactly difficult. The sad part is that since the history is public, if you goof up and reveal your identity sometime in 2015 your actions of today might also get revealed. To any third party. Potentially way worse than any sort of currency ever used; but the only thing people talk about is how bitcoin is this anonymous currency...
- PeterisP 14y agoAny government entity interested in setting up honeypot VPN services would also set up honeypot bitcoin laundering services - which would do everything efficiently, properly and cheaply (you can subsidize costs), while keeping logs that can be used when/if really needed.