Bitcoins still leave a HUGE digital trail for domestic sources

[master.on]

While much safer than old (and dumb) domestic Western Union cashing,
Btc still leaves a digital trail no matter how 'tumbled' or 'laundered' they think it is

That's why big sources (i.e. NAPS) cash all funds abroad, no matter if WU/MG or Btc, preferably with fake IDs, easily obtained and hardly prosecuted in shitty countries.

Any source cashing Btc (or even worse, WU/MG) is pretty naive and will go to jail soon.}
You have been warned.

 

[CherryChillin]

Hmmmm

 

[DBlenks90]

How do they trace it? I thought it was supposed to be untraceable. Maybe I'm not as informed about it as I thought...

 

[MindlessWork]

Governments are itching to regulate bitcoin, so it will be soon that bitcoin won't be safe.

 

[Eman]

While much safer than old (and dumb) domestic Western Union cashing,
Btc still leaves a digital trail no matter how 'tumbled' or 'laundered' they think it is

That's why big sources (i.e. NAPS) cash all funds abroad, no matter if WU/MG or Btc, preferably with fake IDs, easily obtained and hardly prosecuted in shitty countries.

Any source cashing Btc (or even worse, WU/MG) is pretty naive and will go to jail soon.}
You have been warned.

Fuck off, trolling sack of shit.

 

[MindlessWork]

Fuck off, trolling sack of shit.

Haven't seen you around much, bet you been busy training and working.

 

[pumpingiron22]

It has always been able to be tracked exmp The block chain ( THE PUBLIC LEDGER). Its where you get your coins from is the problem like a institution. or who holds your wallet. if you dont have a key its not your wallet. IF you mine for btc or get from p2p and have a personal wallet its alot better. its also how you move your coins around is the trick

 

[master.on]

How do they trace it? I thought it was supposed to be untraceable. Maybe I'm not as informed about it as I thought...

Something like
https://www.iplocation.net/find-ip-address
then they create a file of IP vs time and date

By the way if you checked the above link and you say your true location and Internet Service Provider, you computer/connection is totally insecure (and you're dumb as fuck)

Governments are itching to regulate bitcoin, so it will be soon that bitcoin won't be safe.

Btc tumblers may or may not work, so Bitcoin is only safe if cashed abroad, pretty much like NAPS has dozens WU/MG cashers abroad.

It has always been able to be tracked exmp The block chain ( THE PUBLIC LEDGER). Its where you get your coins from is the problem like a institution. or who holds your wallet. if you dont have a key its not your wallet. IF you mine for btc or get from p2p and have a personal wallet its alot better. its also how you move your coins around is the trick

Problem is that you need a Credit Card to buy Btc's
As compared to WU/MG where you can send up to $300 with no ID.

 

[Millard]

How do they trace it? I thought it was supposed to be untraceable. Maybe I'm not as informed about it as I thought...

Bitcoin is "insanely traceable". Every single transaction is public:

Bitcoin As A Government Surveillance And Tracking Tool