Post
Topic
Board Bitcoin Discussion
Re: What is the fate of Scammers if bitcoin later becomes a traceable Currency.
by
bitbro678
on 09/12/2019, 04:26:05 UTC
Bitcoin is not anonymous, in fact every transaction that you make can be traced on the blockchain, so it's already traceable. The only thing here is, while they can trace the transaction to the address, tracing the address to the individual might require some sort of authority. Exchanges now have KYC in place, so if government entities want to trace a suspicious address to the individual, they can actually do so.