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Yeah, that's the point
Post #421,030
by
drook
10/25/17 9:28:21 AM
10/25/17 9:28:21 AM
Reply
Yeah, that's the point
At some point you have to turn your cryptocurrency into "real" money. And the chain ensures that you can follow the money forward and back from that point.
--
Drew
Post #421,031
by
pwhysall
10/25/17 10:35:08 AM
10/25/17 10:35:08 AM
Reply
I think it's even more insidious than that, on reflection
I'm sure I read a thing where people were just following bitcoin transactions around - not even looking for real currency entering/exiting the system.
Lemme google that shit when I get home. I recall it being quite interesting.
Cryptocurrency realization
- (
drook
)
- (5)
- Oct. 24, 2017, 02:08:40 PM EDT
Yup. Heard a story on the radio yesterday about someone at Crane's paper.
- (
Another Scott
)
- Oct. 24, 2017, 02:34:17 PM EDT
And even (2) isn't guaranteed
- (
pwhysall
)
- (3)
- Oct. 25, 2017, 01:54:52 AM EDT
And of course it's a product
- (
pwhysall
)
- Oct. 25, 2017, 01:56:39 AM EDT
Yeah, that's the point
- (
drook
)
- (1)
- Oct. 25, 2017, 09:28:21 AM EDT
I think it's even more insidious than that, on reflection
- (
pwhysall
)
- Oct. 25, 2017, 10:35:08 AM EDT
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Mandatory cayenne enemas would have the same effect.
88 ms