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So this seems like an odd statement: "Bitcoins are, in many ways, the ultimate underground currency. They’re even better than Visa gift cards, since they don’t
by JonFish85 13y ago
So this seems like an odd statement: "Bitcoins are, in many ways, the ultimate underground currency. They’re even better than Visa gift cards, since they don’t involve a credit card company or a bank at all, and since they exist only as untraceable strings of letters and numbers." (keyword being "untraceable").
Especially as this person specifically mentions Tor as only doing a "fairly good job of keeping its users anonymous."
- jlgaddis 13y agoI'm not sure I understand. What's odd about that statement? I got big into Bitcoins about two years ago, meeting a random stranger in a bar to buy $9,000 worth in cash, but the statement is true unless I've missed something (I haven't kept up with the state of Bitcoin so perhaps I am?).
- JonFish85 13y agoI meant that if you're going to call out Tor as "reasonably safe", it seems that you'd want to have the same warning for Bitcoins. My impression has been that Bitcoin isn't "untraceable" simply because of the public ledger that is out there. I just found it interesting that he called out Tor but lauded Bitcoin's security more. Not a big deal.
- jlgaddis 13y agoGotcha, thanks.