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re: Western Union, MoneyGram execs: opportunity for bitcoin to be used through WU/MG

Posted on 4/19/13 at 4:38 pm to
Posted by gizmoflak
Member since May 2007
11670 posts
Posted on 4/19/13 at 4:38 pm to
quote:

Can a pseudonymous user be traced and identified by law enforcement?



That depends on the measures the user took to protect her identity
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 4/19/13 at 7:54 pm to
quote:

That depends on the measures the user took to protect her identity
So it requires constant vigilence on the part of a user to prevent law enforcement from being able to trace a Bitcoin wallet owner. Doesn't that erode the convenience of using Bitcoins to conduct transactions as efforts must be made to avoid detection? It kind of rules out spontaneous purchases.
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