Post
Topic
Board Bitcoin Discussion
Re: Blockchain Analytics is More of an Art Than Science
by
NotATether
on 21/09/2023, 08:32:31 UTC
Then we fundamentally disagree. The state does not have the right to constantly monitor its entire population "just in case".

The state should be able to to monitor everything . These data should be encrypted and only be viewable in crime cases . Courts and no one else should provide the keys to be able to decrypt the data . These are things that we will see in the future if blockchains stop being used only as a economic instrument . Bitcoin is a timestamp machine and has many more uses than we have ever imagined .

They have a responsibility to monitor but they also have a responsibility to act on the data they receive to make arrests, lawsuits, and so on.

Right now the only time you can get the feds to investigate surveillance is when millions of dollars worth of coins that are linked to illegal dark web operations are moving around.

If someone scams a bunch of people, or hacks a business and steals money, then usually, the victims are out of luck because these cases are not important enough to feds (usually because of a low budget)...