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re: Western Union, MoneyGram execs: opportunity for bitcoin to be used through WU/MG
Posted on 4/19/13 at 7:54 pm to gizmoflak
Posted on 4/19/13 at 7:54 pm to gizmoflak
quote: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.
That depends on the measures the user took to protect her identity
Posted on 4/19/13 at 7:56 pm to Poodlebrain
quote:
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.
With Buttcoins, you don't have to deal with this nonsense.
Buttcoins
Posted on 4/19/13 at 7:58 pm to Poodlebrain
quote:
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.
Tor + encrypted wallet
There, was that so hard?
Posted on 4/19/13 at 8:01 pm to Poodlebrain
quote:
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.
Do you believe in the concept of guilty beyond a reasonable doubt?
Do you believe in the concept of innocent until proven guilty?
If so, tell me how you conclusively prove a person controlled a certain bitcoin address. Because to be honest, it would seem to me like there would always be room for reasonable doubt with such a system.
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