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In short, despite what many seem to think ?? -> Anything they do / will do / or try to do is simply a hack. The problem they have isn't going away - they'll eve
by hitchhiker999 13y ago
In short, despite what many seem to think ?? -> Anything they do / will do / or try to do is simply a hack. The problem they have isn't going away - they'll eventually need increasingly draconian legislation to monitor bitcoin transactions.
It will be (almost entirely) up to trust in the long run.
- sitkack 13y agoEveryone has a copy of the blockchain, the NSA has every email ever sent along with full copies of portions of internet traffic (if not all of it). The NSA knows the physical location, email address and browsing history of nearly all US based bitcoin addresses.
- gamblor956 13y agoThe problem that techies don't seem to realize...is that the system has always been about trust from the very beginning. It was only within the past decade and a half that the IRS even acquired the ability to to spot discrepancies in returns based on filings from different taxpayers (due to the increase in e-filed return. Before that, enforcement relied almost entirely on random audits and tip-based investigations.