Re:Bitcoin Companies and Entrepreneurs Can't Get Bank Accounts
by rakoo on Saturday November 16, 2013 @06:57AM
(#6744482)
> > It also is significantly easier to trace than current financial systems
> No it isn't.
He's talking about following a bitcoin's life from wallet to wallet, not about impersonating a wallet. The whole bitcoin principle is that exchanges are made in clear between wallets and shared to all peers, so yes, it _is_ traceable, like nothing before.
Now, the game is to know who is behind a wallet. And if you didn't use some anonymity method, your name will not be a secret to anyone looking for it.
> No it isn't.
He's talking about following a bitcoin's life from wallet to wallet, not about impersonating a wallet. The whole bitcoin principle is that exchanges are made in clear between wallets and shared to all peers, so yes, it _is_ traceable, like nothing before.
Now, the game is to know who is behind a wallet. And if you didn't use some anonymity method, your name will not be a secret to anyone looking for it.