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Topic: Reply
Posted by: Michael Ixer
Date/Time: 25/07/21 13:00:00

I must admit I'd be skeptical about how private electric transactions can be made. It might come down to how expensive the forensic are compared with the value of the transaction?

Bitcoin transactions have been traced - everything on the bitcoin ledger is visible it's just that much of it is obfuscated using encryption. We still don't know how the FBI managed to recover a substantial part of the Colonial Pipeline ransom. The official statement notes they reviewed the public bitcoin ledger. Ok, they'd be able to see the transaction flows through and destinations on the internet but it doesn't explain how they decrypted the bitcoin wallet. Various rumours suggest either they'd seized a device containing the key during another operation or there was an informant, or the criminals were careless with protecting their own data.

If this government said your "Britcoin" transactions were untraceable would you believe them, or trust the trechnology? ??



Entire Thread
TopicDate PostedPosted By
The future of money25/07/21 11:44:00 Alda Bruno
   Re:The future of money25/07/21 11:50:00 Barbara Stevens
   Re:The future of money25/07/21 12:07:00 Freddie Francis
      Reply25/07/21 12:28:00 Michael Ixer
         Re:Reply25/07/21 12:37:00 Matt Palmer
            Reply25/07/21 13:00:00 Michael Ixer
               Re:Reply25/07/21 13:15:00 Jonathan Callaway
                  Re:Re:Reply25/07/21 13:35:00 Freddie Francis
                     Reply25/07/21 13:57:00 Michael Ixer
                        Re:Reply25/07/21 16:26:00 Adam Tripp
                           Re:Re:Reply25/07/21 16:40:00 Matt Palmer
                              Re:Re:Re:Reply25/07/21 16:52:00 Alda Bruno
                                 Re:Re:Re:Re:Reply25/07/21 17:00:00 Adam Tripp
                                    Reply25/07/21 17:12:00 Michael Ixer
               Re:Reply25/07/21 19:23:00 Ed Robinson
                  Reply25/07/21 20:12:00 Michael Ixer
   Reply25/07/21 19:00:00 Michael Ixer
      Reply25/07/21 19:19:00 Martine Guy
         Cash usage in society25/07/21 19:37:00 Jonathan Callaway
            Reply25/07/21 20:13:00 Martine Guy
            Reply25/07/21 20:27:00 Michael Ixer
               Re:Reply31/07/21 13:08:00 Alda Bruno
                  Re:Re:Reply31/07/21 20:34:00 Mike Essam

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