| > the us government was able to chase back bitcoin payments made to hackers "chase back", but not forcibly, cryptographically seized. The blockchain is transparent. So yes, transactions can be traced. But there's a billion dollar bounty out there if you know how to crack private keys. > bitcoin in it self is not an asset, just like paper money by itself is worthless. Anything is only worth what someone is willing to pay. Anything is an asset. Some assets are utilized as money better than others (gold, bitcoin, fiat vs apples, paintings). > i'm not sure if it's as permissionless as you think. Most people already have internet connections. App stores are not permissionless, but there are many other ways to load software onto a device. > if you're trading bitcoin through an exchange (i.e 99% of the users), it's not anonymous. If you're trading Bitcoin through an exchange, then you're not using Bitcoin the network. You would be "trading bitcoin through an exchange". There are also p2p services like localbitcoins and bisq. |