LogFAQs > #954746041

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Topic	DOJ got the crypto back from those Pipeline hackers.
Trumble 06/07/21 3:33:52 PM #7:	thronedfire2 posted... But wait I thought it wasnt traceable???? It's anonymous, not untraceable. Pretty much like how cash is - you can walk into a shop and pay with a $20 bill and no one needs to know who you are, but the bill still has a serial number on it and if they really wanted to they could (hypothetically at least - in practice it's unlikely that enough people have kept enough information along the way) track it by that. Exactly what info would be used / etc is different for Bitcoin of course, but the underlying "anonymous, not untraceable" concept still applies. --- The word "Trumble" is not allowed in a signature. <cite>Trumble posted [p:954746041] in DOJ got th... [t:79500241]...</cite> <quote>thronedfire2 posted... </cite> <quote>But wait I thought it wasnt traceable????</quote> It's anonymous, not untraceable. Pretty much like how cash is - you can walk into a shop and pay with a $20 bill and no one needs to know who you are, but the bill still has a serial number on it and if they really wanted to they could (hypothetically at least - in practice it's unlikely that enough people have kept enough information along the way) track it by that. Exactly what info would be used / etc is different for Bitcoin of course, but the underlying "anonymous, not untraceable" concept still applies. --- The word "Trumble" is not allowed in a signature.</quote> ... Copied to Clipboard!
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