Post
Topic
Board Bitcoin Discussion
Re: The Anonymity of Bitcoin
by
AnonyMint
on 30/11/2013, 06:33:41 UTC
if it isn't "practically" and "effectively" anonymous then how come not a single large btc theft has been traced to an individual?

As usual the bad guys have experience with obtaining anonymity.

Basically they can hijack someone else's connection their WiFi router (or other form of break-in such as physical or hijacking your computer when you visit their website) or use a prepaid SIM card away from their normal locations in a country that doesn't require registration of identity, employ a VPN that doesn't log IP addresses, and finally over Tor. So 3 layers of anonymity. They might even run nested VPNs and run Tor as hosted service to get more proxy hops.

Sort of things your average Joe ain't gonna do.