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re: Western Union, MoneyGram execs: opportunity for bitcoin to be used through WU/MG
Posted on 4/19/13 at 7:58 pm to Poodlebrain
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?
1
Posted on 4/19/13 at 8:03 pm to gizmoflak
quote:
Tor + encrypted wallet
There, was that so hard?
Right.
Just because it's hard for them, doesn't mean it's hard for everyone. I'm sorry that they are tech-illiterate, but not everyone is. And the people who have a need to hide their activities will certainly take the 30 minutes to learn how to utilize those technologies.
Not only that, but added functionality is being added to bitcoin as we speak to make it anonymous by default: Zerocoin: making Bitcoin anonymous
Here's a fact of life that Poodlebrain needs to accept: Technology will move faster than the state.
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