Once, drug dealers and money launderers saw cryptocurrency as perfectly untraceable. Then a grad student named Sarah Meiklejohn proved them all wrong—and set the stage for a decade-long crackdown.

“This is the story of the revelation in late 2013 that Bitcoin was, in fact, the opposite of untraceable—that its blockchain would actually allow researchers, tech companies, and law enforcement to trace and identify users with even more transparency than the existing financial system.”

  • BearOfaTime@lemm.eeEnglish
    3·
    10 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.

    So yea, wanting to get the grubby gubmint fingers and eyes out of my shit makes sense.