Originally Posted by
Andrew Pitonyak
On the other hand, there are ways that a bit coin may be identified later after it is spent in a way that is even more traceable than cash (according to forbes), so if they do it long enough, and if officials take interest in them, their choice of payment options may make them more likely to be caught down the road.
I hadn't heard that, I'll have to look into that. It was my understanding that doing bitcoin transaction behind TOR is about as untraceable as you can get these days. Not that you can't be found, but it certainly makes things VERY difficult for the average law enforcement people.
Bitcoin is basically a monetary system (even though they say it isn't money) without the banks in the middle of it all. That's part of the reason it's doing well. It's just peer to peer transactions and no one else has their nose in your transactions.
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