Post
Topic
Board Bitcoin Discussion
Re: What is the fate of Scammers if bitcoin later becomes a traceable Currency.
by
sana54210
on 16/12/2019, 14:11:54 UTC
Bitcoin as a currency that is decentralized, they is no Headquarters for Bitcoin and it has no Central office where they distribute information concerning Bitcoin, Like illicit transactions that money was lost but recovered after some investigations through the distributed information.

like someone said on my previous thread that more people will be comfortable using bitcoin if these features comes into place.

Share your thoughts.
Bitcoin can already be traced, there is nothing anonymous about it. Do you ever follow up with recent scam stories? Most of them these days makes use of coin mixers to confuse your search; when they steal Bitcoin they quickly send it to coin mixers and that way you wouldn't be able to trace it anymore (one of the reasons why a lot of people are against Coin Mixers these days, because scammers are using them.).

So Bitcoin is not anonymous, if someone scam you they can easily be traced on the Blockchain. You can trace the addresses and the exchanges that the coin is being sent to, and there is nothing hidden about it. If the scammer is a novice, you will easily get them.