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re: Why bitcoin is worse than a Madoff-style Ponzi scheme
Posted on 12/23/21 at 7:13 am to Big_Sur
Posted on 12/23/21 at 7:13 am to Big_Sur
quote:
Your mushroom transaction is recorded forever on the Blockchain. The opposite of anonymous.
technically it's pseudonymous because what is recorded on the blockchain is that a transaction occurred with a wallet address. One has to be able to link that wallet address to a person for it to be completely transparent. Of course if you ever make contact with a KYC exchange, this is trivial without using a tumbler.
Posted on 12/23/21 at 7:35 am to Ross
Any way back then, it was fairly anonymous. You had to buy bitcoin using a fricking money transfer phone at Walgreens ![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
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