Re:He escaped the dark web's biggest bust, and now he's back
by wpietri on Thursday September 23, 2021 @10:20AM
(#28629535)
The standard financial tracking of cash, which is almost none? The standard financial tracking of a single bank account, which requires a subpoena? The standard financial tracking for a single person, which requires many requests to different data-holders and then a fair bit of work to unify it?
In contrast, Bitcoin has a public global pseudonymous ledger. No warrants needed, a copy is freely available. Letting you trace flows of money from account to account instantly with no vendor issues and no judge to convince. Sounds powerful to me!
The article's phrasing is both correct and reasonable. And the reason to not explain every detail in a general-audience article is that most people don't care about the details. If they did, they wouldn't be reading general-audience material, but more specialized stuff.
In contrast, Bitcoin has a public global pseudonymous ledger. No warrants needed, a copy is freely available. Letting you trace flows of money from account to account instantly with no vendor issues and no judge to convince. Sounds powerful to me!
The article's phrasing is both correct and reasonable. And the reason to not explain every detail in a general-audience article is that most people don't care about the details. If they did, they wouldn't be reading general-audience material, but more specialized stuff.