'The other problem BTC Protozoa don't get: the appeal of a cryptocurrency depends on some opacity. You can anonymize a gold coin by remelting it. You can rework a spoon. BTC is more tractable than cash.' - Nassim Taleb - Conspiracies

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'The other problem BTC Protozoa don't get: the appeal of a cryptocurrency depends on some opacity. You can anonymize a gold coin by remelting it. You can rework a spoon. BTC is more tractable than cash.' - Nassim Taleb (twitter.com)

posted 3 years ago by PutinLovesCats 3 years ago by PutinLovesCats +16 / -2

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– Mad_King_Kalak 1 point 3 years ago +1 / -0

Yes, but that's not the point he's making. Any single transaction can be traced back far enough with the distributed ledger with enough time an patience, yes, but within a very short period of time that single transaction multiplies into a hundred legitimate transactions and back and forth again into crypto at time, essentially making it no different than cash.

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