4 ms·
Let's be serious here, laundering a bitcoin is as easy as trading it at an exchange for another one. Getting a wallet is as easy as generating a new one. There'
by awalton 13y ago
Let's be serious here, laundering a bitcoin is as easy as trading it at an exchange for another one. Getting a wallet is as easy as generating a new one. There's no permanent record that person X had bitcoin Y, just which wallets it passed through along the way.
If your significant other works for a Three Letter Agency, then maybe it's possible they could reverse the network connection logs to the exchanges, dig through their databases and prove that you were the one who owned the coin that bought that porn. Maybe. But given how little the FBI has done with the cache of bitcash they seized, I doubt it.
So admittedly, it's not as clean as a cash business... but neither is the sex industry.
- hmsimha 13y agoAll true, but who needs to launder bitcoin to keep a transaction hidden from their significant other, unless their SO is well-versed in the technology behind bitcoin AND really likes to snoop. In that case, an easier and more likely point of failure is a session logger/keylogger on one's porn-browsing device