Quote from: Amph on November 24, 2015, 12:32:28 PM

Quote from: origin12 on November 24, 2015, 11:45:37 AM

Quote from: Amph on November 23, 2015, 12:27:29 PM

Quote from: Fiddemiga on November 23, 2015, 11:34:52 AM

Bitcoin is quite different from cash. It is traceable. So the authority will know the flow of bitcoin transaction.

the movements are traceable not the owner, cash is also traceable if you take it from atm, so unless you counterfeit it i can't see how cash is not traceable nowadays

If you buy something with cash from an ATM the change you get is untraceable. If you wanted to launder money from an ATM you could buy a small value thing with each bill separately until you had none of your original bills remaining. The change in smaller value blls would be untraceable.

how atm is untraceable, if they travel on visa or mastercard circuit? everything that travel there is traceable, if government really want to investigate, after all it's their money

Yes, ATMs are very traceable. Only untraceable system is cash in hand if we assume that no-one has marked the bills or written down serial number bills, which is very hard and cumbersome process for following and tracing someone!