S!ayer on Nostr: It's kind of concerning to be honest. For example, the major BINANCE hack that saw ...
It's kind of concerning to be honest.
For example, the major BINANCE hack that saw like $320m of BTC being stolen. This *can* be traced on the blockchain, because it's transparent and records all txns.
Thus, if somehow, you ended up with *some* 'dirty' bitcoins, and you tried to move it to a CEX like Coinbase, then it's highly likely those "coins" would be sanctioned on arrival.
Unlike money, BTC carries its history.
Learnt about "dirty" bitcoins and hoe traceback works.
I mean, public ledger and all.
This is where Monero fucks
nevent1q…cfr7
Published at
2024-06-23 08:47:31Event JSON
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"content": "It's kind of concerning to be honest. \n\nFor example, the major BINANCE hack that saw like $320m of BTC being stolen. This *can* be traced on the blockchain, because it's transparent and records all txns. \n\nThus, if somehow, you ended up with *some* 'dirty' bitcoins, and you tried to move it to a CEX like Coinbase, then it's highly likely those \"coins\" would be sanctioned on arrival.\n\nUnlike money, BTC carries its history. \n\n\n\n\nnostr:nevent1qqsxcjca3gwp54pdrkyxghhhuhkdgr93j5az7vax9k6zw6zy55rjrsgpr9mhxue69uhkummnw3ezuum0weexwm3wvdhju7np9upzpn0vcvwxm9qxaxnadvqxwsf25esan5cusq6u8lt9cp3sr5w2cwujqvzqqqqqqywwt76u",
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