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A comment on Every important person in BitCoin just got subpoenaed by NY financial regulators. Parent comment

Re:Every important person in BitCoin just got subpoenaed by ... by tazzy531 on Monday August 12, 2013 @07:33PM (#6202960)
Isn't BTC's public ledger public? (https://blockchain.info/)

While it's possible to generate a new wallet to mask who the user is, the transaction flow can be traceable. This seems easier to trace than the flow of money through our banking system.

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Re:Every important person in BitCoin just got subpoenaed by ... by mordae on Tuesday August 13, 2013 @04:37AM (#6204630)
Yes, the BTC can be traced, but they cannot be associated with physical people until they identify themselves. Your anonymity is limited by trustworthiness of the person selling you the coins and the person you are buying physical goods from.
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