Re:More encryption means less privacy
by cbsmith on Tuesday August 09, 2016 @01:49PM
(#12256399)
The law does actually have ways of extracting cash from people even when it can't locate the cash in question. It's harder, and less effective, but overall it works more than it doesn't.
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Re:More encryption means less privacy
by icebraining on Tuesday August 09, 2016 @01:52PM
(#12256429)
Yes, but that works the same for Bitcoin.
Looks like they have other ways of handling it with Bitcoin: https://www.usmarshals.gov/assets/2016/bitcoinauction/index....
It could work the same for Bitcoin. It actually works better with Bitcoin as there actually is a complete transaction log.
However, the law has frequently decided it can't treat Bitcoin like it treats cash, which has created problems...