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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
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.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69946 posts
Posted on 4/19/13 at 7:56 pm to
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 by gizmoflak
Member since May 2007
11670 posts
Posted on 4/19/13 at 7:58 pm to
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 by WikiTiger
Member since Sep 2007
41055 posts
Posted on 4/19/13 at 8:01 pm to
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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