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comment by ButterflyEffect
ButterflyEffect  ·  1135 days ago  ·  link  ·    ·  parent  ·  post: Who hacked The DAO in 2016, diverting 3.6 million ether?

I wonder if as the privacy aspect of blockchain technologies is debunked...over and over and over...if that deters future scams and shitcoins, etc. plus, future regulatory environment around all this. I can’t imagine that forensic blockchain investigations are anywhere near maturity. Add in future IRS interest...





kleinbl00  ·  1134 days ago  ·  link  ·  

I mean, there are extremely private blockchains? But surprise surprise, as the raison d'etre for their existence becomes "crime" the agencies responsible for suppressing "crime" tend to suppress those blockchains.

My viewpoint on it is that there are two wolves in crypto - the one that allows greater efficiency and freedom in payments for law-abiding normies and the one that allows shady fucks to be shadier. Let's be clear: the criminal underworld didn't need crypto. Crypto basically allowed nerds to pretend to be criminal overlords for a few years. It again comes down to the foolish belief held by precocious sociopaths that they can beat the government at math and computing without recognizing that the government has the whole of the statute of limitations to crush them.