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Opinion | Don’t Get Fooled Again by Crypto
(www.nytimes.com)
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this post was submitted on 10 Aug 2024
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Technology
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You can hide your identity on Monero, not so much on Bitcoin. BTC either gets linked to a series of identities, or is freshly mined, both of which can be allowed or denied by exchanges via law enforcement.
In the traditional finance system, hiding relies on bribery, mules, and straight up hacking. Those are common to both systems, and law enforcement knows how to deal with them.