I mean, pretty much yeah. I think it’s super clever and elegant, but I’m not going to lie to myself about what the main purpose for something like that would be.
Comment on How a 27-Year-Old Codebreaker Busted the Myth of Bitcoin’s Anonymity
stown@sedd.it 8 months agoAutomated money laundering.
prole@sh.itjust.works 8 months ago
CaptainSpaceman@lemmy.world 8 months ago
The main purpose is to give privacy to digital transactions. Money laundering exists at a much larger scale within institutional banks like Deutsche and Credit Suisse (RIP)
Imgonnatrythis@sh.itjust.works 8 months ago
Because protecting privacy is always a bad thing people wearing hoodies do while. Selling babies on the black market? God every corporation and your government wants you to think that so hard. Write your senator a letter about the dangers of this technology, they’ll probably email you a picture of the boner you gave them.
BearOfaTime@lemm.ee 8 months ago
Meh, anymore I’m not making a distinction between supposed criminals and country level government (and really, state level either).
Government is the single greatest source of crime IMO, because it offers deniability and the shield of legal violence against people.
And I’m not just talking about things like Ruby Ridge- those are small scale, individuals. Iran-Contra, Fast and Furious, etc, etc.
Look into the beginnings of OPEC and that cocksucker Nader.
fluxion@lemmy.world 8 months ago
Yes I laundered some of my salary from work. don’t report me please.
stown@sedd.it 8 months ago
Well people like you aren’t the issue so much as you are the enablers.