Bitcoin Forum
May 06, 2024, 10:15:47 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2016-04-04] Why Bitcoin is Better for Crime Fighters Than Criminals  (Read 294 times)
crossabdd (OP)
Legendary
*
Offline Offline

Activity: 1316
Merit: 1145


View Profile
April 05, 2016, 07:41:21 AM
 #1

If you ask the average person what words come to mind when they think of bitcoin, three of the most common responses will likely be "anonymous", "untraceable" and "a currency for criminals." But all of these common ideas about bitcoin are actually misconceptions.

In fact, every single one of them is wrong.

This may just be a problem of perception, but it can have very real consequences, as it can impact the attitudes of investors, lawmakers, regulators, enforcement agencies and the public toward this technology.

We need to deal with these perception issues head-on....


http://www.coindesk.com/bitcoin-cops-criminals/
1714990547
Hero Member
*
Offline Offline

Posts: 1714990547

View Profile Personal Message (Offline)

Ignore
1714990547
Reply with quote  #2

1714990547
Report to moderator
"Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714990547
Hero Member
*
Offline Offline

Posts: 1714990547

View Profile Personal Message (Offline)

Ignore
1714990547
Reply with quote  #2

1714990547
Report to moderator
1714990547
Hero Member
*
Offline Offline

Posts: 1714990547

View Profile Personal Message (Offline)

Ignore
1714990547
Reply with quote  #2

1714990547
Report to moderator
Dank14
Full Member
***
Offline Offline

Activity: 252
Merit: 100


View Profile
April 05, 2016, 10:22:28 AM
 #2

But bitcoin is indeed anonymous, I do not need to verify my ID in order to have a btc wallet, neither do I go through an identity check when trading with btc. You cannot deny that this will be excellent for fraudulent transactions howbeit, we could curb this my mandating an ID verification for all btc users.
polynesia
Legendary
*
Offline Offline

Activity: 1358
Merit: 1000



View Profile
April 06, 2016, 12:49:41 AM
 #3

But bitcoin is indeed anonymous, I do not need to verify my ID in order to have a btc wallet, neither do I go through an identity check when trading with btc. You cannot deny that this will be excellent for fraudulent transactions howbeit, we could curb this my mandating an ID verification for all btc users.

The word you are looking for is pseudonymous. Everybody can see your transactions; they just can't link your BTC address to your real life identity.
If you do slip up and one of your transactions does get linked, then your transaction history is public for the world to see.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!