Re:US Senate Bill S.1241 to Criminalize Concealed Ownership ...
by 21 on Saturday December 02, 2017 @08:16PM
(#15835423)
With today statistical analysis methods is trivial to track big flows through various block chains, even if some of them are totally hidden. And they only get better by the day, with your traces sitting there like a duck.
And you don't need to be 100% certain, it's enough to get a pool of suspects which then you can analyze/surveil with other methods.
Re:US Senate Bill S.1241 to Criminalize Concealed Ownership ...
by tehlike on Saturday December 02, 2017 @08:40PM
(#15835524)
How about monero?
Re:US Senate Bill S.1241 to Criminalize Concealed Ownership ...
by Retric on Sunday December 03, 2017 @05:51AM
(#15837035)
Bitcoins's high transaction costs and low transaction rate prevent that from working.
Re:US Senate Bill S.1241 to Criminalize Concealed Ownership ...
by erik_seaberg on Sunday December 03, 2017 @02:52PM
(#15839171)
Because you trust yourself, you don't have to outbid everyone to get your transactions on the blockchain immediately.
Re:US Senate Bill S.1241 to Criminalize Concealed Ownership ...
by Retric on Monday December 04, 2017 @05:23AM
(#15842869)
You still need to get on at some point. Plenty of people are willing to wait a few hours to get confirmed so the price never hits zero. Further, even if it did work you would make your mixing transactions stand out more while also vastly lowering the number of them.
Once you get to the coffee shop stage, nobody knows where that money came from.