3 ms·

An excellent use case for Bitcoin. We need anonymous payments.

• danudey 12y ago
  The assumption that bitcoin is anonymous isn't really a great one. It's pseudonymous at the very least, but as it's possible to track every transaction ever made (even moreso than cash transactions), it's not a trivial matter for typical users to anonymize their transactions. Even if Bitcoin (and tumblers) became ubiquitous, the legal frameworks that exist to handle cash transactions (e.g. making an unusually large amount of cash purchases of gift cards, moving an unusually large amount of money across the border, etc.) will be revised to include bitcoin, with the result that using BTC in the way that people seem to think it's destined for will become, if not illegal, then at the very least highly suspect. Ideally, we should be fixing the broken systems that are in place, rather than trying to concoct technology to try to work around it (which can then just be regulated/criminalized anyway).
• MichaelGG 12y ago
  People using Bitcoin without investing a massive amount of effort into staying anonymous will probably perform an identity-revealing action at some point. Then, every previous transaction can be linked with some level of certainty. That's hardly "anonymous payments". If Bitcoin were to adopt Zerocoin, then we might have something useful.