Re:Root – Programmable bank account for software developers
by trowawee on Wednesday May 03, 2017 @04:14PM
(#14259605)
I'm skeptical about Bitcoin as a potential alternative because I suspect that, if you combine the surveillance abilities of the state and the money of the state with the time and effort of the very many clever people who work for the state, Bitcoin will become substantially less anonymous.
Re:Root – Programmable bank account for software developers
by AnsemWise on Wednesday May 03, 2017 @07:22PM
(#14261136)
Usually traceable unless you use a tumbler to "clean" your coins, even then it's still traceable I think
Re:Root – Programmable bank account for software developers
by pteredactyl on Thursday May 04, 2017 @12:00AM
(#14262349)
If it's digital, it's traceable. If it passes through DARPA wires, or FCC waves, it's traceable. There are ways to obfuscate. But never completely like an 'air-gapped', transaction wherein I hand a cashier $5 in exchange for ice cream.
I'm clearly in the 'it's nobody's business except for the parties involved' party...
Also consider Bitcoin as a "cashless society" alternative to the financial panopticon - no one's looking over your shoulder there and it's definitely not "cash".