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To: C210N

People are spending real $$$ on some virtual bits, lost somewhere in the cyberspace.
Kind of like building for real $$$ housing in cyberspace.
Nothing real!
The only people who take real advantage from bitcoin are the mafia/cartel people.
Bitcoin provides good vehicle for hiding, money laundering and transfer of ill gotten funds.


6 posted on 02/11/2026 9:15:45 AM PST by AZJeep (sane )
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To: AZJeep

Bitcoin provides good vehicle for hiding, money laundering and transfer of ill gotten funds.


Not any more, all Bitcoin is fully traceable and even seizable by .gov. Where do you think Trump got his Bitcoins for his failed Bitcoin reserve? It came from seized Bitcoins....I was “ familiar” with that drug lord case who was captured, put on a prison ship, then extradited to NY....they “ somehow” seized his $2 million in Bitcoins....even thin air and elusive electrons are now monitored.

AI:
“Yes, Bitcoin is traceable because all transactions are recorded on a public ledger called the blockchain, which allows anyone to view transaction details. While Bitcoin addresses do not directly reveal identities, they can often be linked back to individuals through various methods, making it pseudonymous rather than anonymous....”

More:

https://coinpaper.com/12828/can-bitcoin-be-traced-how-transparent-is-the-blockchain


8 posted on 02/11/2026 9:47:28 AM PST by delta7
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