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So are you saying that Bitcoin is actually relatively traceable by law enforcement or the tax authorities?
by Tyrannosaurs 13y ago
So are you saying that Bitcoin is actually relatively traceable by law enforcement or the tax authorities?
- VMG 13y agoIt is traceable in principle, but not yet in practice.
- zik 13y agoYes, it is traceable. That's why when you buy bitcoin at an exchange the government requires that you prove your identity. Then it's just a matter of following the money through bitcoin's permanent public ledger. It's probably the most traceable currency ever. Even amateurs can follow the money trail.