This. Internet anonymity is only one misstep away from being blown. To maintain total anonymity online AND buy things requires a lot of extra work, a secure drop location you can sneak in and out of undetected, multiple transactions to try and hide your wallets, etc etc. Having your coins online where you can use them risks having them stolen, or the exchange going tits up like MtGox, having them in offline wallets has its own foibles of hard drives becoming lost, thrown out, damaged, etc etc etc. There is no perfect system, and bitcoin/shitcoins have plenty of flaws.
People who are bullish on them always seem to think they have an edge over the government, they have more control over their own money, that their wallets are secure and we’re all fools for not taking our useless fiat and dumping it all into crypto. And yet those of us who haven’t bought a single coin are still buying our groceries at the stores that don’t accept crypto, buying fuel for fiat, paying out electric bills and (way too high) taxes with our dirty pleb cash.
Blockchain is interesting tech and has some uses, and more to come. But decentralized currency with no one to turn to when shit goes south will never have 100% adoption by everyone. A nations currency is backed up with a threat of violence and heads that can roll(or at least the scape goats). If you get screwed with crypto cash, oh well. Sucks to be you.
Wow. First off, if I wanted to obtain, use, wash and transfer crypto into usd I could easily do it. However, that is completely irrelevant since we are talking about obtaining and using crypto legally. There are even ways to bypass the tax implications should someone choose to do that.
Coins are also not easily stolen. You are confusing idiots clicking on phishing links or stealers and losing their crypto. Should some dunderhead want to do what you speak they'd have to be able to brute force their way through a pgp encryption and that isn't going to happen before the coins move again.
Lastly, more and more companies are beginning to accept crypto. I live in a small rural town of a population below 12k and there is literally a crypto ATM in a store out my way.
What in the world is wrong with you people? How this got to using crypto illegally is beyond me. I suppose there are also bunch of new fake millionaires because of crypto.
The US government can't just flip a switch and turn off crypto. You also need to stop pretending like you know every single thing about being anonymous on the web.
No one is talking about illegal shit except you people who seem to be upset about crypto and the only reason you'd be this damn delusional about crypto is because you don't understand it, nor the computer, read some bullshit and now think you are smarter than everyone.
Crypto is real. Its here to stay. It's not easily traced so stop lying. I couldn't care less what some dumb ass article convinced you of the nonsense you're spouting and I sure as shit wouldn't waste my time reading that dribble.
Welcome to the internet where you can find anything to support your narrative. Still doesn't make it true.
His bitcoin was seized. Ulbreich got caught because he was sloppy, had nothing to do with bitcoin. Tons of people traded on Silk Road and never got caught because they didn't link their real name with their username.
I'm gonna go out on a limb here and say Bitcoin is not easily traced or controlled.
This. Internet anonymity is only one misstep away from being blown. To maintain total anonymity online AND buy things requires a lot of extra work, a secure drop location you can sneak in and out of undetected, multiple transactions to try and hide your wallets, etc etc. Having your coins online where you can use them risks having them stolen, or the exchange going tits up like MtGox, having them in offline wallets has its own foibles of hard drives becoming lost, thrown out, damaged, etc etc etc. There is no perfect system, and bitcoin/shitcoins have plenty of flaws. People who are bullish on them always seem to think they have an edge over the government, they have more control over their own money, that their wallets are secure and we’re all fools for not taking our useless fiat and dumping it all into crypto. And yet those of us who haven’t bought a single coin are still buying our groceries at the stores that don’t accept crypto, buying fuel for fiat, paying out electric bills and (way too high) taxes with our dirty pleb cash. Blockchain is interesting tech and has some uses, and more to come. But decentralized currency with no one to turn to when shit goes south will never have 100% adoption by everyone. A nations currency is backed up with a threat of violence and heads that can roll(or at least the scape goats). If you get screwed with crypto cash, oh well. Sucks to be you.
Wow. First off, if I wanted to obtain, use, wash and transfer crypto into usd I could easily do it. However, that is completely irrelevant since we are talking about obtaining and using crypto legally. There are even ways to bypass the tax implications should someone choose to do that.
Coins are also not easily stolen. You are confusing idiots clicking on phishing links or stealers and losing their crypto. Should some dunderhead want to do what you speak they'd have to be able to brute force their way through a pgp encryption and that isn't going to happen before the coins move again.
Lastly, more and more companies are beginning to accept crypto. I live in a small rural town of a population below 12k and there is literally a crypto ATM in a store out my way.
Stop the fear porn.
What in the world is wrong with you people? How this got to using crypto illegally is beyond me. I suppose there are also bunch of new fake millionaires because of crypto.
The US government can't just flip a switch and turn off crypto. You also need to stop pretending like you know every single thing about being anonymous on the web.
No one is talking about illegal shit except you people who seem to be upset about crypto and the only reason you'd be this damn delusional about crypto is because you don't understand it, nor the computer, read some bullshit and now think you are smarter than everyone.
Crypto is real. Its here to stay. It's not easily traced so stop lying. I couldn't care less what some dumb ass article convinced you of the nonsense you're spouting and I sure as shit wouldn't waste my time reading that dribble.
Welcome to the internet where you can find anything to support your narrative. Still doesn't make it true.
https://www.wsj.com/articles/why-hackers-use-bitcoin-and-why-it-is-so-difficult-to-trace-11594931595
His bitcoin was seized. Ulbreich got caught because he was sloppy, had nothing to do with bitcoin. Tons of people traded on Silk Road and never got caught because they didn't link their real name with their username.
I don't really give a fuck about arguing with someone that references silk road as an example of why bitcoin is bad. That's painfully retarded.