News for hackers. Stuff that matters.

A comment on MasterCard to open up network to cryptocurrencies. Parent comment

Re:MasterCard to open up network to cryptocurrencies by red_trumpet on Thursday February 11, 2021 @01:57PM (#26105635)
That's just not true. Every Bitcoin transaction is conserved in the blockchain, so a government can easily reconstruct the money flow.
[ Parent | on HN ]
Re:MasterCard to open up network to cryptocurrencies by smartties on Thursday February 11, 2021 @02:27PM (#26105967)
And the transactions made on the exchange ? and decentralized exchange ? Can they all be tracked and reconstructed ?
[ Parent | on HN ]
Re:MasterCard to open up network to cryptocurrencies by faffe on Thursday February 11, 2021 @05:10PM (#26108066)
BTC is not anonymous. In theory, it is possible to track all the transactions. That the main reason why others crypto like Monero or Dash had emerged
[ Parent | on HN ]
Re:MasterCard to open up network to cryptocurrencies by heavyset_go on Thursday February 11, 2021 @07:42PM (#26109517)
Pretty sure exchanges need to follow KYC laws.
[ Parent | on HN ]