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submitted 6 days ago by solbt@feddit.org to c/signal@lemmy.ml

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[–] shortwavesurfer@lemmy.zip 16 points 6 days ago (2 children)

Yeah, and all three of those are surveillance coins.

[–] yogthos@lemmy.ml 10 points 6 days ago

they're really not helping beat honeypot allegations with that

[–] artyom@piefed.social -1 points 6 days ago (1 children)

How do you figure that? You realize the Silk Road ran on BTC?

[–] shortwavesurfer@lemmy.zip 5 points 6 days ago (1 children)

Yes, and the person they accused of running it went to prison for 11 years because it was easy to trace what was going on.

It is not impossible to use Bitcoin anonymously. It is just extremely difficult to use it anonymously, and it is extremely, extremely easy to fuck up and de-anonymize yourself on accident. With a foot gun,

[–] artyom@piefed.social 4 points 6 days ago* (last edited 6 days ago) (1 children)

Uhhhh no authorities investigated it for years and he got cocky and fucked up, and even then they had to ambush him in a public library before he could re-lock his laptop. It had literally nothing to do with BTC.

[–] shortwavesurfer@lemmy.zip 2 points 6 days ago (1 children)

If you have not yet done so, go read a book called Tracers in the Dark.

It does a very good job explaining how surveillance coins are tracked.

[–] artyom@piefed.social 1 points 6 days ago (1 children)

tldr?

[–] shortwavesurfer@lemmy.zip 3 points 6 days ago (1 children)

Don't use surveillance coins or you will be tracked.

[–] artyom@piefed.social 2 points 6 days ago (1 children)

WTF is surveillance coins

[–] shortwavesurfer@lemmy.zip 2 points 6 days ago

Any coin with a public blockchain where you can see what address sent how much to what address.