Bitcoin

Out of context: Reply #2662

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  • neverscared2

    How a 27-Year-Old Codebreaker Busted the Myth of Bitcoin’s Anonymity
    Once, drug dealers and money launderers saw cryptocurrency as perfectly untraceable. Then a grad student named Sarah Meiklejohn proved them all wrong—and set the stage for a decade-long crackdown.

    JUST OVER A decade ago, Bitcoin appeared to many of its adherents to be the crypto-anarchist holy grail: truly private digital cash for the internet.

    https://www.wired.com/story/27-y…

    Satoshi Nakamoto, the cryptocurrency’s mysterious and unidentifiable inventor, had stated in an email introducing Bitcoin that “participants can be anonymous.” And the Silk Road dark-web drug market seemed like living proof of that potential, enabling the sale of hundreds of millions of dollars in illegal drugs and other contraband for bitcoin while flaunting its impunity from law enforcement.

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