Why the feds took down one of Bitcoin’s largest exchanges
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Re: Why the feds took down one of Bitcoin’s largest exchanges
#2“Anybody who thought about this for a second understood that law enforcement was working on a case against BTC-e,” said Jerry Brito, executive director of Coin Center. “The question was just whether the government would catch them.”
Re: Why the feds took down one of Bitcoin’s largest exchanges
#3Another speakeasy bites the dust; the Wild West is ending.
Re: Why the feds took down one of Bitcoin’s largest exchanges
#4What happens when someone builds an autonomous Bitcoin exchange on Ethereum?
Re: Why the feds took down one of Bitcoin’s largest exchanges
#5What happens when someone builds an autonomous Bitcoin exchange on Ethereum?
Decentralized exchanges are already in the works.
Re: Why the feds took down one of Bitcoin’s largest exchanges
#6Re: Why the feds took down one of Bitcoin’s largest exchanges
#7Re: Why the feds took down one of Bitcoin’s largest exchanges
#8This is what I never understood about bitcoins's reputation, especially earlier on, about its supposed anonymity. I suppose that's much less the case now. But it always seemed odd that people considered it at all anonymous when the blockchain kept a record of everything. Sure it might not be immediately identifiable with a specific individual, but unless it was a wholly closed system, entry & exit points would always be clear, along with all the hops from wallet to wallet along the way.
And the longer the system exists, the more information will accumulate that would allow anyone with an interest in doing so to correlate blockchain transactions to "real-world" people & systems.
I'm sure I'm missing something though, since I'm by no means a cryptologist, or more than an interested spectator on crypto-coins. (I mined about 0.1 bc back when it was still possible to do that in a week or so on a mid-range AMD GPU. and, shocked at the rise in value, cashed it in for about $200 a few years ago.)
Re: Why the feds took down one of Bitcoin’s largest exchanges
#9Another speakeasy bites the dust; the Wild West is ending.
Quite possible that that's the joke here, but people have been saying this since the Wild West was actually ending.
Re: Why the feds took down one of Bitcoin’s largest exchanges
#10Earlier quoted context omitted.
There are plenty of already working one
too bad they're more decentralized marketplaces than decentralized exchanges.
https://bisq.io/ is a decentralised exchange.