News for hackers. Stuff that matters.
Re:Bitcoin is a disaster by 37ef_ced3 on Thursday December 31, 2020 @05:55PM (#25598161)
I wonder how many Bitcoin users have read and understand the following extensive list of privacy "pitfalls" (mistakes that can reveal information about unwary Bitcoin users):

https://en.bitcoin.it/wiki/Privacy

Are you careful to avoid these numerous privacy pitfalls? If not, you're leaking information about yourself, into the public ledger (blockchain)

Re:Bitcoin is a disaster by brianobush on Thursday December 31, 2020 @06:49PM (#25598719)
Most BTC holders are on exchanges that all have KYC rules in place, so there is no anonymity or privacy assumed. It is just like buying KO shares on Etrade.
Re:Bitcoin is a disaster by Trasmatta on Thursday December 31, 2020 @06:31PM (#25598510)
It makes me wonder how many people have gotten busted for either buying or selling drugs with cryptocurrencies, thinking it was automatically safe and private.
Re:Bitcoin is a disaster by ineedasername on Thursday December 31, 2020 @07:52PM (#25599348)
It's simply an extra layer & bit of effort law enforcement has to jump through, and as understanding of crypto permeates society & law enforcement, even those barriers will be removed.
Re:Bitcoin is a disaster by XargonEnder on Thursday December 31, 2020 @06:33PM (#25598527)
Wow that's a ludacris list of pitfalls. I've overwhelmed just looking at the list of sections in that document.
Re:Bitcoin is a disaster by ineedasername on Thursday December 31, 2020 @07:53PM (#25599359)
Well, I think it's important to keep in mind that the criticisms seem specific to bitcoin, not crypto in general, and some of them are perfectly valid observations (even if you don't consider them "bugs")