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I know that. Bitcoin's main risk is that it can make a person's fortune known, and accessible (or rather vulnerable.) "You have 50,000 bitcoins.. transfer them
by adrianwaj 13y ago
I know that. Bitcoin's main risk is that it can make a person's fortune known, and accessible (or rather vulnerable.)
"You have 50,000 bitcoins.. transfer them to me now or alternatively do xxxx now .. or else." In fact some sort of time-lock or trusted partner would be a good busines idea, so that someone couldn't just come with a gun to your head. It can't become a world currency because it makes people too personally vulnerable... at least as it stands now, but it's a really good start.
- oleganza 13y agoPeople can find out about your coins the same way as they find out how much gold you have.
- ceejayoz 13y agoWhat website would you go to to find out how much gold I hold?
- oleganza 13y agoWhat website will tell you how much BTC do I hold? If you can trace from some exchange or a merchant my identity linked to some bitcoins, you can equally do that with a gold dealer. Of course, you can see where bitcoins are moved, but that won't tell you much: they could be equally sold or simply relocated.