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.”

  • n3m37h@lemmy.worldEnglish
    59·
    10 months ago

    I knew this in 2007 when I heard about shitcoin. A ledger is a collection of transactions which is widely share, yep sure confedental…

    Seriously how stupid can ya be?