[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 28 KB, 543x443, 08a947g4pxs41.jpg [View same] [iqdb] [saucenao] [google]
50820556 No.50820556 [Reply] [Original]

why is crypto currency completely traceable? isnt the whole purpose of internet money supposed to be anonymous?

>> No.50821196

>>50820556
The point of blockchain is that all transactions are viewable by everyone on the blockchain. It’s not for privacy, it’s the opposite of that, really.

>> No.50821391

>>50821196
thats fucking stupid

>> No.50821526

>who is monero

>> No.50821557

>>50821391
full transparency takes power away from Big Bank and the little side deals they make with the Reptilians.

>> No.50821602

>>50821391
the public ledger is the whole point of bitcoin

>> No.50821642

>>50820556
no?

>> No.50821675
File: 1.17 MB, 1810x1404, Bogged.png [View same] [iqdb] [saucenao] [google]
50821675

>>50820556
bitcoin is because its mission is to destroy central banking, so it can't be private. it's not cash, it's a store of value—it will replace central banks.
isnt the whole purpose of internet money supposed to be anonymous?
correct, but retarded altcoiners mistook bitcoin's mission and copy-pasted its design which is terrible for money. This is bullish for XMR.

by the decade, BTC will replace gold as a hedge against inflation, and privacy coins like XMR will be used worldwide for payments. All other altcoins will become dystopian nightmares of gov control towards all your expenses (they already are).

>> No.50821678
File: 538 KB, 558x793, 91AF5665-01C6-4E25-9D2B-AF1BFC867EDF.png [View same] [iqdb] [saucenao] [google]
50821678

>>50820556
Stop questioning things, goy

>> No.50821702
File: 66 KB, 720x957, 1652717334563.jpg [View same] [iqdb] [saucenao] [google]
50821702

>>50820556
>Thinking anything on the internet is anonymous

>> No.50823613

OP is right it's embarassing that people know if i bought $CHAMP (which indirectly means i bought MATIC which is the embarrassing part)

>> No.50823645

Because they knew it was going to be used for crimes (like monero) so they had a little bit of foresight and a little bit of goodwill and pushed hard for the whole "every bitcoin is traceable"
>nooo it was to keep track of legit bitcoin the blockchain is to make sure the coins are worth what they are worth!!!
nigga. please. tether is a money printing machine and nobody does anything because governments give 0 fucks because they are all stupid retarded fucking boomers.

>> No.50823649
File: 432 KB, 5000x5000, 1444318003768.jpg [View same] [iqdb] [saucenao] [google]
50823649

>>50823613
kek based fuck p0lyg0n

>> No.50823656

>>50823613
Nobody will look into your wallet lest you are doing something illegal retard you can buy as much cumrocket as you want nobody gives a fuck you dont matter.