Re:A beginner’s guide to getting started in the cryptocurren...
by down on Sunday December 10, 2017 @12:29PM
(#15892398)
cash is much better for that, and they catched those slik road guys because they were using bitcoin, if you look at what bitcoin does manly, it cuts off the banks, that's why are so scared, in Bulgaria they stopped all transfer to and from crypto exchanges, so you really think you own your money in bank?
Re:A beginner’s guide to getting started in the cryptocurren...
by mirimir on Sunday December 10, 2017 @07:43PM
(#15894404)
> ... they catched those slik road guys because they were using bitcoin ...
No, that caught them because they were careless. Ross linked Silk Road to his meatspace email address in posts to Bitcoin Forum. And misconfigured Apache to leak Silk Road error messages via clearnet. And kept personal information about his staff on a laptop (albeit LUKS-encrypted) that he used in a coffee shop, and at at public library. Also chat logs, and a comprehensive diary.
Not Bitcoin!
I think what you actually mean is bitcoin is at its core just a bunch of hype and hot air driven by internet televangelists who are very good at targeting a specific brand of libertarian an-cap.
It is true though, at its core Bitcoin was a great way to purchase drugs, launder ill-gotten funds, hire a hitman, or collect ransomware money. But now days, there are better cryptocoins for that...