It's not about traceability, it's about not having to use the dollar as currency.
replyThat's significant messaging though -- we don't have anything to hide, down with the dollar.
replyI have read many comments that the regime wants to money launder the inflow. Bitcoin would be rather inconvenient for that.
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replyWhat would be a reason to money launder the inflow?!?
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replyI have no clue.
replyI don’t know stuff but I feel I’ve learned that the Americans can make basic commerce unbelievably painful for whoever they choose through sanctions and disconnection from various financial systems.
replyOh they are well aware and using bitcoin for years. Nobitex is an Iranian exchange and they have been processing billions using crypto networks:
replyhttps://www.reuters.com/investigations/how-trumps-crypto-ven...
What difference does it make?
reply> Bitcoin does make the transaction publicly traceable
replyIt can be untraceable with CashFusion
I read that as coldfusion and I got some ptsd
replyNo, that doesn't work with Bitcoin, it only works with a fork of Bitcoin that has less than 0.5% of the value of Bitcoin.
replyI mean, kind of. If I give you an address to use to send me money, and I don't tell anyone else that address, and you don't tell anyone else that address, then nobody else can be sure who is behind the transaction.
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