Re:El Salvador Plans to Use Electricity Generated from Volca...
by ostenning on Friday June 11, 2021 @07:29AM
(#27471866)
Exactly, people who claim btc is anonymous don’t know what they are talking about. You can literally trace every transaction ever made, and given nearly all on-off ramps to fiat require KYC, btc itself is not the problem.
The problem comes from privacy coins like Monero, which arguably should be outlawed (if not already)
Re:El Salvador Plans to Use Electricity Generated from Volca...
by cinntaile on Friday June 11, 2021 @07:45AM
(#27471999)
Regarding privacy coins... This sounds a bit dystopian though, why do you think the state should have a right to see your entire transaction history?
Re:El Salvador Plans to Use Electricity Generated from Volca...
by selsta on Friday June 11, 2021 @11:38AM
(#27474776)
> The problem comes from privacy coins like Monero, which arguably should be outlawed (if not already)
Are you also in favour of outlawing Tor, E2EE, HTTPS? I am always surprised that some people want privacy outlawed.
Disclaimer: Monero contributor
Nah. Bitcoin is actually a lot easier to trace than paper US Dollars.