Once, drug dealers and money launderers saw cryptocurrency as perfectly untraceable. Then a grad student named Sarah Meiklejohn proved them all wrong—and set the stage for a decade-long crackdown.

“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.”

  • sir_reginald@lemmy.worldEnglish
    22·
    5 months ago

    as stupid as they are, if you had installed it and mined it for a few minutes, you’d be millionaire now.

    I assume that’s why they enrage you.

    • n3m37h@lemmy.world
      English
      22·
      5 months ago

      Ass U Me more. Money is not a motivational factor for all. There is virtually no benefit of crypto currencies that arent out weighed by all the negative factors.

      If im gonna needlessly waste money it will be for research (folding@home) This is at least benefits others