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Starlink tells Brazil regulator it will not comply with X suspension
(www.reuters.com)
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this post was submitted on 02 Sep 2024
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Because it's very easy to track bitcoin?, that argument about bitcoin being untraceable is so funny, like it's literally in bitcoin protocol to log every single transaction, and people need to convert money to bitcoin, easy to track there too
So tell me, where does the government link the person to the coin? I do a cash trade to buy Bitcoin, who logs it's me and puts my name on the wallet for the government to track me down?
The exchange where you traded BTC for USD, which had to comply with AML and KYC laws in order to have access to the US banking system in the first place.
Like, it's theoretically possible to work with perfect operational security and never ever link your Bitcoin address to the real world, but doing so basically precludes you from doing anything in the real world with it, including buying crypto in the first place.
Google anonymous Bitcoin... I'll wait.
Yeah, mate. This is the most credible source I can find and it's literally about how impossible it is to actually use crypto without tying yourself to the wallet somehow.
https://www.expressvpn.com/blog/guide-how-to-buy-bitcoin-anonymously/
There are at least half a dozen ways well within the reach of just about anyone.
You need to pay a bank or something to trade your money to bitcoin, the bank only need to log what bitcoin it send to you or your wallet, the thing is, bitcoin isn't anonymous it was never made to be, something like monero would be better, but you still need to trade your money for the crypto
Anyone can send anyone with a wallet bitcoin. There are services that do anonymous trades, the feeds don't look great.
Thing is, it doesn't have to be bitcoin to be opaque to the banks, there are dozens of payment services that don't clearly state the end provider. just doing paypal is enough to hide it from an occasional glance.