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How a 27-Year-Old Codebreaker Busted the Myth of Bitcoin’s Anonymity (www.wired.com)

submitted 9 months ago by [email protected] to c/[email protected]

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"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."

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[–] [email protected] 26 points 9 months ago (8 children)

Every time there is a transaction the sender's funds are mixed together with a bunch of other senders, and the recipients receive their money from this random pool, so there is no direct association between sender/receiver

[–] [email protected] 29 points 9 months ago (6 children)

Automated money laundering.

[–] [email protected] 4 points 9 months ago (1 children)

Yes I laundered some of my salary from work. don't report me please.

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