Tesla buys $1.5B in Bitcoin, may accept it as payment in the future

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by ianhawes on Monday February 08, 2021 @09:39AM (#26065030)

Bitcoin has revolutionized the black market economy.

[ Parent | on HN ]

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by bitxbitxbitcoin on Monday February 08, 2021 @09:41AM (#26065064)

Bitcoin has definitely done that but more importantly it has revolutionized the Shadow Economy - which is a lot larger than most people realize.

[ Parent | on HN ]

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by hfsp on Monday February 08, 2021 @09:43AM (#26065090)

The USD remains the choice of the cartels and professional money launderers.

After all, pro crooks do not want to leave an eternal trace of their transactions on a public ledger on the internet.

[ Parent | on HN ]

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by SEJeff on Monday February 08, 2021 @10:26AM (#26065752)

This so much ^

The FBI has already proven pretty well that with a big enough dragnet (and resource that places like the NSA absolutely have), they can associate people to wallet addresses. It just takes slipping up a single time and they'll find you.

[ Parent | on HN ]

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by jackTheMan on Monday February 08, 2021 @12:21PM (#26067385)

If it is the interest of FBI, also according to this article, in some places an email address is enough to open an account:

https://www.bnnbloomberg.ca/booming-crypto-market-a-potentia...

so not sure about the claim.

[ Parent | on HN ]

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by SEJeff on Monday February 08, 2021 @12:30PM (#26067481)

https://www.coindesk.com/fbi-used-bitcoin-trail-to-catch-rus...

https://www.justice.gov/opa/pr/two-chinese-nationals-charged...

https://www.justice.gov/opa/pr/ohio-resident-charged-operati...

The upside of crypto currencies is decentralization, but a public ledger is public to law enforcement as well. With time and serious funding they often can link wallets to people.

I’m not saying it is good, only as a matter of fact it is a thing.

[ Parent | on HN ]

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by bushbaba on Monday February 08, 2021 @10:15AM (#26065568)

Disagree. There’s a reason terrorists such-as hamas, al queda, isis choose to use btc.

https://www.coindesk.com/us-prosecutors-attempt-to-seize-bit...

[ Parent | on HN ]