Post #2344308
2026-05-09 14:25 UTC
@neverpanic@chaos.social @julsboo@mamot.fr @swelljoe@mas.to Even for money launderers, there are no upsides. All illegal activities are on a public ledger, barely pseudonymised and non-repudiable. I don't know enough about the inner workings of the network's protocol and architecture to judge the OPSEC of running one's own full node vs. that of depending on one ran by a third party. But even if a transaction can't be traced back to an IP address (and thus to a person) that way, there's always the question of getting real money, goods, or services in and out.
Replies (1)
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@swelljoe@mas.to 2026-05-09 18:06
@stiiin@infosec.space @neverpanic@chaos.social @julsboo@mamot.fr no, cryptocurrency is good for crime. It's true you can trace where the money goes in terms of addresses, but law enforcement is only rarely able to identify the person who owns the address. And, they're often operating in places with no extradition treaty or cooperative government. No banks, no know your customer laws.