1/4 Governments understanding of Bitcoin and the tools to …

Twetch ·

1/4 Governments understanding of Bitcoin and the tools to analyze the blockchain is getting better.

https://www.bloomberg.com/news/articles/2019-10-16/giant-child-porn-site-is-busted-as-u-s-follows-bitcoin-trail

Replies

Twetch ·

4/4 The law is slow, but without the possibility of deleting logs and transactions, criminal activity is recorded on the blockchain like an open book.

Twetch ·

3/4 The tables will slowly turn, where governments will realize Bitcoin's potential and criminals will realize that Bitcoin is a terrible place to hide.

Twetch ·

"Our agency's ability to analyze blockchain and by anonymizing Bitcoin transactions allowed us to identify hundreds of predators around the world," Fort said.

Twetch ·

2/4 "Our agency's ability to analyze blockchain and by anonymizing Bitcoin transactions allowed us to identify hundreds of predators around the world," Fort said.

This is just the start.