How the hell can irs trace bitcoin transactions

1. 2019-10-17 at 4:41 PM UTC

   #21
   

   Ghost Black Hole
   it makes for good inventory management software though like if there's an ecoli outbreak you can use the blockchain to trace the exact origin
2. 2019-10-17 at 4:44 PM UTC

   #22
   Wariat Marine/Preteen Biologist
   Didnt the whole silicon valley invest like w trillion dollars into it and claim its unhackable and the enxt big thing selling big time investors on the idea like marryl lynch? What are they gonna grow rich off or sell next since this just failed?
3. 2019-10-17 at 4:46 PM UTC

   #23
   

   Ghost Black Hole
   tracing bitcoin transactions and deanonymizing it doesn't require hacking.
   
   Hacking is for things like breaking into wallets and stealing keys
4. 2019-10-17 at 4:50 PM UTC

   #24
   Wariat Marine/Preteen Biologist
   They found peoples actual identities wnd ip addresses though.
5. 2019-10-17 at 4:54 PM UTC

   #25
   GAAAAALM African Astronaut

   Originally posted by DietPiano Yeah they say for 10 years its the next big thing all companies and banks are gonna use it but thats obviously a sham and a lie to investors, nobodys interested in it

   
   wachu talkin bout Willis? Ripple or whatever their closed system is called is already in use by some banks. If you're in Canada your bank may already be using SecureKey. Microsoft using it in limited capacity with the Coco Framework. Co-op Food (6th largest grocery retailer in the UK) uses it to track inventory. BHP (one of the biggest mining corps in the world) uses it to keep track of their stuff as well.
   
   The blockchain in general is just a fantastic way of sending information.
6. 2019-10-17 at 11:35 PM UTC

   #26
   

   Star Trek VI: The Undiscovered Country Dark Matter [my scoffingly uncritical tinning]

   Originally posted by Wariat But thsts not what the article says or makes it sound like. It makes it sound like they hacked the entire blockchain.

   
   Yes, well, as you know you journalists always take the time out in order to make sure you understand things entirely before you write utter shite.
7. 2019-10-17 at 11:36 PM UTC

   #27
   

   Star Trek VI: The Undiscovered Country Dark Matter [my scoffingly uncritical tinning]
   Also argonarogiu90efujk{KPF
   C:LDkv'zd
   The following users say it would be alright if the author of this post didn't die in a fire!

   • aldra
8. 2019-10-17 at 11:42 PM UTC

   #28
   Wariat Marine/Preteen Biologist
   So you guys are saying it is public and there is no encryption or anonymity between nodes? So banks and such cant keep any of their delaigns a secret on it or informaiton they dont want to the general public or for the generwl public to know names and ip addresses of individuals’ transaction? I just domt get it. How is it safe or anonymous but the cops were able to use it or hadk it and find people trading bitcoins using a specific site? Someone please explain it in plain english for me. Who knows I may write ana rticle about it then.
9. 2019-10-17 at 11:45 PM UTC

   #29
   

   Star Trek VI: The Undiscovered Country Dark Matter [my scoffingly uncritical tinning]

   Originally posted by Wariat So you guys are saying it is public and there is no encryption or anonymity between nodes? So banks and such cant keep any of their delaigns a secret on it or informaiton they dont want to the general public or for the generwl public to know names and ip addresses of individuals’ transaction? I just domt get it. How is it safe or anonymous but the cops were able to use it or hadk it and find people trading bitcoins using a specific site? Someone please explain it in plain english for me. Who knows I may write ana rticle about it then.

   
   "explain it to me for free. Then I might misinterpret what you wrote and share my misinterpretation to the world as if it were fact"
10. 2019-10-18 at 1:21 AM UTC

    #30
    

    the man who put it in my hood Black Hole
    What nodes
11. 2019-10-18 at 1:26 AM UTC

    #31
    

    aldra JIDF Controlled Opposition
    he's conflating tor with the bitcoin blockchain
12. 2019-10-18 at 12:40 PM UTC

    #32
    

    Star Trek VI: The Undiscovered Country Dark Matter [my scoffingly uncritical tinning]
    What does this have to do with the hacker known as 4chan?
13. 2019-10-18 at 12:47 PM UTC

    #33
    Japan-Is-Eternal Naturally Camouflaged
    cyrptocurrency is literally the NWO global coin that will be tied to your World ID and eventually you'll need to be chipped in order to use it
14. 2019-10-18 at 1:02 PM UTC

    #34
    

    Star Trek VI: The Undiscovered Country Dark Matter [my scoffingly uncritical tinning]

    Originally posted by Japan-Is-Eternal cyrptocurrency is literally the NWO global coin that will be tied to your World ID and eventually you'll need to be chipped in order to use it

    
    Hodl
15. 2019-10-18 at 4:20 PM UTC

    #35
    

    vindicktive vinny Black Hole
    the short answer is by waiting at the watering holes like cockodiles waiting for zebras.
16. 2019-10-18 at 4:27 PM UTC

    #36
    

    Ghost Black Hole

    Originally posted by Japan-Is-Eternal cyrptocurrency is literally the NWO global coin that will be tied to your World ID and eventually you'll need to be chipped in order to use it

    
    i'll fork it and start my own buttcoin backed by the price of cocaine
17. 2019-10-20 at 12:05 AM UTC

    #37
    GAAAAALM African Astronaut

    Originally posted by Ghost i'll fork it and start my own buttcoin backed by the price of cocaine

    
    Seems like a poor choice. Cocaine is going to get cheaper and cheaper
18. 2019-10-20 at 5:17 PM UTC

    #38
    

    vindicktive vinny Black Hole

    Originally posted by GAAAAALM Seems like a poor choice. Cocaine is going to get cheaper and cheaper

    
    unless climate change triggers draught in those areas.
19. 2019-10-28 at 11:57 AM UTC

    #39
    Wariat Marine/Preteen Biologist
    So let us discuss this topic again. How were they able to trace transactions before capturing anyone yet and just looking at the ledger or nodes? Also, what are some ways people can now stay safe out there once they did this and anonymous using cryoto or any money exchange platforms?
20. 2019-10-28 at 1:04 PM UTC

    #40
    

    Big League Jew Tuskegee Airman

    Originally posted by aldra that's a funny quote though.

    
    I imagine careful chomos prefer to stream CP rather than store it in their hardware. Although that would be mad slow over Tor.