I have been exploring the dark web recently (this was actually how I came across Bitcoins in particular). From what I have seen without even trying to find it, you could easily buy guns, drugs and many other stuff over there.
ok but those that earn bitcoin by selling illegal stuff must dump at some point, and it's there that they risk to get caught
actually there is a way to connect or at least limit the possibility of a buy order of something to a movements of coins, you need to know the exact amount that was used
No, not necessarily even that. If you know whom the suspect is, then just track the devices that person uses (with a warrant of course). Every device has an IP Address, no matter where it is connecting from (and very often it is not illegal to 'listen' to the data floating through the air on a wireless signal). You would see one of those devices make a transaction to the
Public Ledger (ala "man in the middle" attack). If the suspect is then found to have a illegal *Weapon/Widgit/Whatever* ... Bingo ! Illegal Transaction confirmed, as well as
BOTH wallets to the transaction. Follow the money to the 'exchange for cash' point, and the dealer is then also busted.
THAT is why no intelligent Arms Dealer would use Bitcoins as a currency.
Monero and other coins claim to be untraceable.. and YOU ALL KNOW IT !
why are you all hiding from that point dodging it here ?
And ignore TheGr33k his/her fanboyism and excessive positivity is overly jubilant LOL
bitcoin prevents Terrorist Attacks News @11 ROFL
And that guy said earlier.. SR was the first major use for Bitcoin.. exchange trading does not count.
Usage as a trade commodity and usage as a currency are two separate things.
So since that is reality then.. uhh what is the debate here ?