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Author Topic: [2015-10-22] CD:BTC Groups and Law Enforcement Unite to Form Blockchain Alliance  (Read 424 times)
LiteCoinGuy (OP)
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October 22, 2015, 02:46:03 PM
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Bitcoin Groups and Law Enforcement Unite to Form Blockchain Alliance

A group of digital currency companies and organizations, as well as a number of US law enforcement agencies, are establishing a new public-private forum in a bid to foster communication and education between the government and industry stakeholders.

Dubbed the Blockchain Alliance, the initiative is being spearheaded by Coin Center and the Chamber of Digital Commerce, with support from a range of companies including: BitFury, BitFinex, BitGo, Bitnet, Bitstamp, Blockchain, Circle, Coinbase, CoinX, itBit, Kraken, Noble Markets and Xapo. The Alliance will also draw support from several bitcoin developers and the MIT Digital Currency Initiative’s Brian Forde.

http://www.coindesk.com/bitcoin-groups-and-law-enforcement-unite-to-form-blockchain-alliance/

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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LiteCoinGuy (OP)
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October 22, 2015, 03:25:51 PM
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https://bitcoinmagazine.com/articles/prominent-bitcoin-industry-players-form-blockchain-alliance-to-combat-criminal-activity-1445522501

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October 22, 2015, 04:49:34 PM
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man, i am happy for this... Ive been scammed out of a LOT of BTC in the past and what made it even worse is there was so little recourse... the money's just GONE. I dream about law enforcement being able to trace transactions effectively to the offending parties one day. If they ever figure it out the blockchain trail will be there awaiting.
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October 22, 2015, 06:08:59 PM
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man, i am happy for this... Ive been scammed out of a LOT of BTC in the past and what made it even worse is there was so little recourse... the money's just GONE. I dream about law enforcement being able to trace transactions effectively to the offending parties one day. If they ever figure it out the blockchain trail will be there awaiting.


Most of the will swap from Dice (darkcoin) effectively going off blockchain , and yes that wil iliminate back tracing.
I can imagine they do this for the sataus quo.
but will not be very effective if you want to hide in btc you can.

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