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25
Hidden Provisions in Infrastructure Bill Will Clamp Down on Cryptocurrencies (i.redd.it)
posted 4 years ago by YourLordPutin 4 years ago by YourLordPutin +25 / -0
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– Isolated_Patriot 2 points 4 years ago +2 / -0

The current crypto beta testing is being used as an excuse to put these invasive "protections" in place, so that they already have them when they switch over to centralized crypto. Crypto is already the most traceable currency in existence, they only need data on one single transaction to tie your entire crypto history to your real id.

It's pretty genius all around, if you look at it as a long con.

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– YourLordPutin [S] 1 point 4 years ago +1 / -0

Only if you are sloppy. Kind of like if you went to the bank and got 10,000 $1 Dollar Bills. Each of them with secquential serial numbers. If you proceeded to pay everyone with those $1 dollar bills you would be easily traced because the serial numbers would be connected to you.

So if you are using anonymous mixing currencies like BCH Cash Shuffle or Monero you are untracable. This technology could have been adopted into Bitcoin but Bitcoin was taken over by the CIA from witihin and stunted in its growth to what it is today.

This is what TPTB are attacking. anonymity. It's not a "long-con" as you suggest, just another co-op by the forces of evil.

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