this post was submitted on 19 Jan 2024
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260
How a 27-Year-Old Codebreaker Busted the Myth of Bitcoin’s Anonymity (www.wired.com)
submitted 10 months ago by [email protected] to c/[email protected]
89 comments fedilink hide all child comments
 

"This is the story of the revelation in late 2013 that Bitcoin was, in fact, the opposite of untraceable—that its blockchain would actually allow researchers, tech companies, and law enforcement to trace and identify users with even more transparency than the existing financial system."

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[–] [email protected] 1 points 10 months ago (3 children)

I guess you hadn't read the article. The point wasn't that the ledger is public, but that the accounts allegedly were deemed anonymous.

My point is read the article then criticize it.

[–] [email protected] 1 points 10 months ago* (last edited 10 months ago)

But it wasn't deemed anonymous by anyone who read the bitcoin white paper from 2008. That's the point... that was never a myth to bust because anonymity was never a promoted feature of this chain.

[–] [email protected] 1 points 10 months ago* (last edited 10 months ago)

I read it, the point is that people who hadn't even read the basic information about Bitcoin presented by its creator assumed Bitcoin was anonymous.

This is not as groundbreaking as you seem to think it is.

Some people didn't take the time to read closely or think critically and then made poor assumptions.

Like you, for instance, with your comment.

[–] [email protected] -1 points 10 months ago

It's paywalled.