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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 Nursie on Monday August 12, 2013 @09:18PM (#6203430)
Local wallets is not a really accurate term - all BTC transactions go in the public ledger. It's kinda one of the flaws of bitcoin, there's no such thing as an offline transaction.
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Re:Every important person in BitCoin just got subpoenaed by ... by rak on Tuesday August 13, 2013 @01:40AM (#6204181)
I think the go is trying to distinguish between wallets associated with a known identity through exchanges/services and ones that are not.
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