Post
Topic
Board Bitcoin Discussion
Re: What is the fate of Scammers if bitcoin later becomes a traceable Currency.
by
SaShiRaJaVu
on 16/12/2019, 15:34:29 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.
Why do you need a central office when you have the capability to transact without a centralized structure and who said it is not traceable when every transaction is in a public ledger and there are companies who are investigating dubious movement of coins and in the future we might see all the scammers been dragged to court in the coming years.