As a Millennial I posted:

yes

A Pinball Wizard posted:

uhhh thats exactly what blockchain.org does

OB_Juan posted:

That's a detail in the comedy I'd somehow missed. Or refused to believe?

With a full list of every transaction, wouldn't it be possible to track down a fair number of every person who bought stuff on SR? Or every person (or at least wallet) that bought a wooden bitcoin dong?

OB_Juan posted:

With a full list of every transaction, wouldn't it be possible to track down a fair number of every person who bought stuff on SR? Or every person (or at least wallet) that bought a wooden bitcoin dong?

OB_Juan posted:

With a full list of every transaction, wouldn't it be possible to track down a fair number of every person who bought stuff on SR?

theflyingorc posted:

there are 2 main things preventing this

1: you don't know who controls an address unless they prove it. there's not even a way to know if an address is controlled by ANYONE, which is why we don't know for certain if Satoshi even has access to his dragon hoard

2. you can send coins through tumblers to anonymize them, though this is not foolproof

but yeah if I pay you a coin out of my account and you know the receiving address of bitcoinbuttplugs.com you can look and see if I also gave them money at some point

OB_Juan posted:

That's a detail in the comedy I'd somehow missed. Or refused to believe?

With a full list of every transaction, wouldn't it be possible to track down a fair number of every person who bought stuff on SR? Or every person (or at least wallet) that bought a wooden bitcoin dong?

OB_Juan posted:

Compulsive use of the shift key. Don't disorder shame me, neurotypical.


Still, this crys out for someone good at dealing with huge piles of data to do something with it.

quote:

“I suspect that the online drug marketplace is a passing fad because it’s too traceable, too vulnerable to hacking,” said Mr. Weaver at the International Computer Science Institute. Once Bitcoins are converted to another currency, the government can subpoena the records of the exchange where the transaction took place and harvest all the information it needs. “Bitcoin isn’t really a ‘coin’ as much as a distributed, public balance ledger,” Mr. Weaver added, “with every balance and transaction recorded.”

Hence Bitcoin’s wry new nickname in legal circles: “Prosecution Futures.”

Magrov posted:

Hence Bitcoin’s wry new nickname in legal circles: “Prosecution Futures.”

rjmccall posted:

in theory it creates plausible deniability: even if someone manages to tie you to the originating address(es), you can claim that your involvement ended there, because you bought something from someone else and it was them who did the rest, honestly officer.

rjmccall posted:

in theory it creates plausible deniability: even if someone manages to tie you to the originating address(es), you can claim that your involvement ended there, because you bought something from someone else and it was them who did the rest, honestly officer

quote:

We run a Bitcoin service in France (La Maison du Bitcoin) where we accept credit card payments. You have no idea about the level of sophistication scammers are achieving in order to manage to bypass our KYC!

To open an account remotely, we require identification papers and proof of residence.

But of course, we started to receive stolen IDs from unsuspecting people and we decided to ask for a land line phone bill so we could call them.

What did they do? They bought local skype numbers and faked phone bills.

Then we decided to ask for selfie, so we could be sure we were in contact with the real person. You think it would be enough to stop scammers? Well, no!

They went to a new level.

They published false job positions offers in some parts of France where people are desesperate to get a job. Basically a receptionnist position in a hotel. Then they tell job applicants they will be paid using some kind of new electronic money, and that the first step of the process would be to open an account on our service (using a webmail they provide, on which they control the passwords).

So we started to receive strange requests of account opening from people who didn't seem to have clue about what Bitcoin is. By doing some enquiries, we discovered the scam and had to contact the national job agency to have them remove the false offers!

But you'll ask, WHY do they go such length to buy bitcoins with credit cards? Not because they want to clear stolen cards, but because they have organized crime rings stealing (other) IDs and opening accounts in small bank branches. Then they proceed to contract instant consumer credits (something like 3000 EUR), and they can only pay using virtual credit cards (no cash withdraw).

These virtual cards are not stolen, are verified 3D secure, and only months after the accounts has been emptied banks wake up and start crying fool. Then the police comes, see that all the money has been processed by a small Bitcoin service, and guess who's the primary suspect for this massive scam? Well, us.

That's why all bitcoin services have (or should have) crazy customer verifications, so they can protect their own rear end.

quote:

The interesting thing about this story is, the weak link here that made these scams possible in the first place was the inherently weak security of the credit card system.

Magrov posted:

“Prosecution Futures.”

Subjunctive posted:

mods, this is a matter of some urgency

trucutru posted:

A comment in the "We Deserve A Better Bitcoin Experience Than Circle" thread.

A Pinball Wizard posted:

being a literal nazi isnt against the law

duTrieux. posted:

no, it isn't, but people should know.

duTrieux. posted:

remember the first amendment binds the government and not the people, which means that if a literal nazi starts spouting off it's your patriotic duty to sock him one

captain america would be proud

...! posted:

I just burnt 0.56 btc (self.Bitcoin)

submitted 2 hours ago by n1nj4_v5_p1r4t3

This morning I went to a friends to take care of their dogs while they were gone. The dogs outdoor water source was dark and nasty, so I thought I would change it. While doing so, I slipped, got my shoes soaked and didnt notice my phone fell out of my pocket. Left, searched for phone, came back hours later, and found my phone in the mud. dried it up with a paper towel, took it apart, dabbed out the inside, then was going to put it in the toaster on low. I turned the toaster on, put it in, then forgot to turn the toaster off when it reached temp. I started smelling it, ran over, it was to hot to pull out with my hands so I used my shirt as a glove. the plastic is all warped, the screen bulged and probably cracked. No back up. I am a triple idiot. Is there anyway to save the info on this phone? That is probably a question for another sub. Should I just store it in a ziploc bag until its worth trying to recover? fml

Every day I find a new way to be an idiot.

theflyingorc posted:

Every day I find a new way to be an idiot.

theflyingexecutive posted:

before his sentencing he did an ama that basically said "gently caress the usg, id do it again tomorrow but worse, no regrets" which may have had smth to do with it

theflyingorc posted:

Powershift posted:

And then bought out the domain of one of the news sites exposing them.

triple sulk posted:

welp new thread title found

FCKGW posted:

I didn't hear this last part. Was that coinfire?

OB_Juan posted:

Currency of the future.

OB_Juan posted:

Currency of the future.

Rick Ross Ulbricht posted:

holy poo poo he looks bad

quote:

Someone was talking about a bitcoin commercial. What if the premise of bitcoin was even if you didnt know the language of the country you are in, you can still communicate via bitcoin since its global. (self.Bitcoin)
submitted 42 minutes ago by GrounBEEFtaxi

Maybe a girl of an asian country and maybe an american male or european and they both meet. There is a little problem with communication obviously but the point is is that it can make travel look alot easier since bitcoin will be a common transacting language.

Magrov posted:

“Prosecution Futures.”

theflyingorc posted:

Every day I find a new way to be an idiot.

Greyhawk posted:

Someone was talking about a bitcoin commercial. What if the premise of bitcoin was even if you didnt know the language of the country you are in, you can still communicate via bitcoin since its global. (self.Bitcoin)
submitted 42 minutes ago by GrounBEEFtaxi

Maybe a girl of a south american country and maybe an american male or european and they both meet. There is a little problem with communication obviously but the point is is that it can make travel look alot easier since bitcoin will be a common transacting language.

Greyhawk posted:

he looks like an alcoholic

i should know

i was one



also here's a thing

Greyhawk posted:

he looks like an alcoholic

i should know

i was one



also here's a thing

Greyhawk posted:

he looks like an alcoholic

i should know

i was one



also here's a thing