US Law Enforcement Traces Bitcoin Transfers to Nab ‘Largest’ Child Porn Site

Re:US Law Enforcement Traces Bitcoin Transfers to Nab ‘Large... by gricardo99 on Wednesday October 16, 2019 @02:32PM (#21273776)

I've made this exact point before as well. High on the wish list of any authoritarian/repressive regime would be a monetary system where all economic activity and transaction is visible to them.

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Re:US Law Enforcement Traces Bitcoin Transfers to Nab ‘Large... by rolph on Wednesday October 16, 2019 @02:46PM (#21273934)

this is is why cashless, is a big issue.

there was a submission here a bit ago regarding canadian banking systems wanting to go no cash, and mandate electronic purchase and payment.

we have seen economic collapse and what it looks like. if physical banknotes are not available, we use cigarettes, vodka, and tampons.

I think those things are fairly untraceable

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Re:US Law Enforcement Traces Bitcoin Transfers to Nab ‘Large... by djmips on Thursday October 17, 2019 @04:29AM (#21279993)

I recall that it was reported that Tide laundry detergent was being used as a currency for drug deals. http://nymag.com/news/features/tide-detergent-drugs-2013-1/

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