The Great Hippo wrote:[T]he way we treat suspected terrorists genuinely terrifies me.
SecondTalon wrote:Black markets, though? Bitcoins are a new way of doing untraceable business.
Because transactions are broadcast to the entire network, they are inherently public. Unlike regular banking, which preserves customer privacy by keeping transaction records private, loose transactional privacy is accomplished in bitcoin by using many unique addresses for every wallet, while at the same time publishing all transactions. As an example, if Alice sends 123.45 BTC to Bob, the network creates a public record that allows anyone to see that 123.45 has been sent from one address to another. However, unless Alice or Bob make their ownership of these addresses known, it is difficult for anyone else to connect the transaction with them. However, if someone connects an address to a user at any point they could follow back a series of transactions as each participant likely knows who paid them and may disclose that information on request or under duress.
It can be difficult to associate bitcoin identities with real-life identities. This property makes Bitcoin transactions attractive to sellers of illegal products, although many Bitcoin experts criticise such usage as "dumb".
It can be difficult to associate bitcoin identities with real-life identities
It Should Be Real wrote:Fuck the wizard.
We're doing this manually.
Princess Marzipan wrote:Dear God, we seriously just went and dug up CITATIONS for TORTURE being a WAR CRIME.
We have been fucking TROLLED, dear readers.
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