How a 27-Year-Old Codebreaker Busted the Myth of Bitcoin’s Anonymity

Discussion in 'Wall St. News' started by ajacobson, Jan 21, 2024.

  1. ajacobson

    ajacobson

  2. qwerty11

    qwerty11

    "This is the story of the revelation in late 2013 that Bitcoin was, in fact, the opposite of untraceable..."

    A bit old info...
     
    Cuddles likes this.
  3. Damn. I was using Bitcoin to fund my Shemale porn fetish by purchasing subscriptions anonymously. Or at least, I thought they were anonymous.

    I guess I'll have to resort to just watching vanilla stuff like Lyn Alden from now on.

    Thanks for the heads up ajacobson!
     
  4. VicBee

    VicBee

    Wait what?!? Now all that dark and dirty money is gonna pull out and BTC will drop again! :(
     
  5. maxinger

    maxinger

    Probably a trivial news as BTC price hardly moved.
     
  6. Pekelo

    Pekelo

    I think law enforcement purposefully didn't acknowledge just how easy it is to follow the "money". That is why the DoJ made a deal with Tether. And almost any brokerage will rat you out at the sign of a subpoena.

    Stupid criminals bought into the anonymous bullshit, what crypto fans were peddling back in the early 2010s...

    The article is really good though and it is a summary of an upcoming book. Thus the "news"...
     
    VicBee and johnarb like this.
  7. johnarb

    johnarb

    You're spot on, but try telling that to the native indian senator and her anti-crypto army that keeps gaslighting the public to protect the banksters

    crypto assets especially bitcoin is used in 0.00002% of criminal activities vs fiat aided by banks, HSBC, JP Morgan, and others, everyone knows it that's why they paid hundreds of billions of $ in fines without admitting guilt of course


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    NoahA likes this.
  8. I wonder, how many billionaires were hiding from taxes using crypto instead of fiat instruments in the Panama papers? Hmm...
     
  9. johnarb

    johnarb

    This thread proves that Bitcoin is very bad for criminals, money launderers, sex traffickers, terrorists

     
  10. VicBee

    VicBee

    That's great news and a far cry from your original libertarian non controlled ideal.
     
    #10     Jan 26, 2024