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A comment on Man used Coinbase to pay hitman in Bitcoin for wife's murder, FBI says. Parent comment

Re:Man used Coinbase to pay hitman in Bitcoin for wife's mur... by jeppesen-io on Tuesday May 11, 2021 @03:33PM (#27122461)
> Only because the criminal hasn't yet tried to use that bitcoin to buy something in the real world.

An asumption you're making and likely untrue. There are many ways to convert to fiat or skip that step and luander through the dark web

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Re:Man used Coinbase to pay hitman in Bitcoin for wife's mur... by ignoramous on Tuesday May 11, 2021 @03:45PM (#27122599)
Don't need darkweb for that if you're very careful with how you execute trades on https://localbitcoins.com/ (a service that I believe predates coinbase, circle et al)

Usually, one'd use a coin like Monero instead, the project's wretched history notwithstanding.

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Re:Man used Coinbase to pay hitman in Bitcoin for wife's mur... by caeril on Tuesday May 11, 2021 @05:14PM (#27123611)
What is wretched about Monero's history?
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Re:Man used Coinbase to pay hitman in Bitcoin for wife's mur... by ignoramous on Tuesday May 11, 2021 @09:00PM (#27125491)
https://en.wikipedia.org/wiki/Monero#History
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Re:Man used Coinbase to pay hitman in Bitcoin for wife's mur... by phasnox on Tuesday May 11, 2021 @11:02PM (#27126124)
What is wretched in there?
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Re:Man used Coinbase to pay hitman in Bitcoin for wife's mur... by ignoramous on Monday May 17, 2021 @05:29PM (#27188682)
As with any "anonymity" tech (like Tor and the Dark Web), Monero is linked with all sorts of things. I, personally, feel uneasy investing in / using Monero because of that, especially since it isn't also a stable coin.

I can see a lot of value in it though, just like how I see value in Freenet, I2P, Tor and other such overlay networks.

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