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0 pointsjgrowl11y ago0 comments

You mean like straight cash has been up until now?

0 comments

Yup. Except straight cash still needs someone to physically collect it which leaves a point of failure in the crime and a good place for authorities to catch the bad guys. Bitcoin removes that.

kolinko11y ago

But gives another ways to track the money that was paid. It's a matter of authorities catching up with the technology.

sanswork11y ago

The very nature of it makes it much easier for criminals to avoid authorities once payment is made though. Sure you can screw up and do something stupid like send it to coinbase and cash out but there are lots of ways to use it without the authorities being able to determine your identity or location.

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sanswork11y ago

Yup. Except straight cash still needs someone to physically collect it which leaves a point of failure in the crime and a good place for authorities to catch the bad guys. Bitcoin removes that.

kolinko11y ago

But gives another ways to track the money that was paid. It's a matter of authorities catching up with the technology.

sanswork11y ago

j / k navigate · click thread line to collapse