Coney_Croft on Nostr: It’s not a horrible problem. Most of us will use Bitcoin responsibly, as a store of ...
It’s not a horrible problem. Most of us will use Bitcoin responsibly, as a store of value. In some way, it’s OK that they can track the fact that some entity sent a good deal of value to a not so good entity for a not so good purpose. They can’t stop the payment, but they can track it back to you. Would certainly give a bad person pause to use Bitcoin for any illegal activities. Absolute privacy in any system is a myth.
Published at
2023-12-01 12:29:07Event JSON
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"pubkey": "69b287b6c5a39a6cad8b97840c874b99f204a6c217aefa6a721f7a7e76401d25",
"created_at": 1701433747,
"kind": 1,
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"content": "It’s not a horrible problem. Most of us will use Bitcoin responsibly, as a store of value. In some way, it’s OK that they can track the fact that some entity sent a good deal of value to a not so good entity for a not so good purpose. They can’t stop the payment, but they can track it back to you. Would certainly give a bad person pause to use Bitcoin for any illegal activities. Absolute privacy in any system is a myth.",
"sig": "f06006967897985c0d006d60b93b54c4ca13e594dfbc7f9ff9bf9ab5fd160b72a83e53e673fe75e35b5f8401da25fcab81c8b1bcd4f87b78fcc1f6d4341f7121"
}
