• datendefekt@feddit.org
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    1 month ago

    Bitcoin absolutely is traceable. Addresses might not be clear names, but all transactions are public. Which makes me wonder why the government wants to use Bitcoin.

    • futatorius@lemm.ee
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      1 month ago

      That’s correct. Bitcoin is pseudonymous, not anonymous. If you can find the identity of a party to any bitcoin transaction, you then can know about every transaction they ever made with that ID.

      Which makes me wonder why the government wants to use Bitcoin.

      Because Trump is a fucking imbecile, but thinks there’s an opportunity for a scam.