Re: Russian Law Would Send Bitcoin Users to Jail as Cybercriminals
>Contrary to general knowledge, bitcoin transactions are not anonymous.
Contrary to general knowledge, that's not the general knowledge. Bitcoin is pseudonymous. Strangely enough tho, you can't arrest 1MY5yFZZfcVbV5kw1VqCnhqMKARYV3UKAS, so watching an alphanumerical string selling CP to another alphanumerical string is not overly useful :-
>Bitcoin is just an efficient technology to transfer funds across borders without discriminating the receiver or the sender.
Sure, and an AK47 is just an efficient way to rapidly accelerate a small mass to roughly double the speed of sound. The fact that its unique use case scenario is wetting people is neither here nor there
You can't arrest bank accounts because they are made up of numbers, but you can trace people behind these numbers, can't you?
Yes. Because banks have to follow AML/KYC laws, and knowing the identity if the account holder is the most fundamental AML/KYC law. That's why you can arrest people behind bank accounts.
Bitcoin doesn't require you to provide 3 forms of ID to get an addy, making it difficult, if not outright impossible, to say which IRL person controls an address. This, in turn, makes arresting pedos hopped up on bath salts & feverishly yankin' it to CP difficult.
Do you get it now?
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>Sure, and an AK47 is just an efficient way to rapidly accelerate a small mass to roughly double the speed of sound. The fact that its unique use case scenario is wetting people is neither here nor there
I love AK47, you are right it is very effective. Works in deserts, when wet. Much better than M16. What's your point?
I should not use bitcoin to transfer funds because it its cheaper and faster than wire transfer?
I love AK47, you are right it is very effective. Works in deserts, when wet. Much better than M16. What's your point?
I should not use bitcoin to transfer funds because it its cheaper and faster than wire transfer?
I'm saying that just as "Bitcoin is just an efficient technology to transfer funds across borders without discriminating the receiver or the sender," an AK is just an efficient way to accelerate a small mass, "without discriminating the receiver or the sender."
The fact that AK's unique use case scenario is killing people is as irrelevant as the fact that Bitcoin's unique use case scenario is doing illegal shit. What don't you get?