BITCOIN WAS INVENTED TO FINANCE CRIME

BITCOIN WAS INVENTED TO FINANCE CRIME.


Source date (UTC): 2019-06-11 19:31:15 UTC

Original post: https://twitter.com/i/web/status/1138529143086342144

Reply addressees: @zbingledack

Replying to: https://twitter.com/i/web/status/1138355422849462272


IN REPLY TO:

@zbingeldac

Crime (including gov corruption) is another problem Satoshi solves by economics, not cryptography. Via risk and cost functions, not absolutes.

In Bitcoin world, crime always leaves traces and can be tracked down at cost. But the pseudonymity prohibits mass surveillance, by cost.

Original post: https://twitter.com/i/web/status/1138355422849462272

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