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by honungsburk 1586 days ago
India doesn't have the power to use a block explorer. It is to advanced.

>AEs have the political power to control the crypto companies. The recent instance >where the US recovered bitcoins from the hackers of the oil pipeline in US, is an >example that notwithstanding claims of non-traceability of cryptocurrencies, AE >Governments wield enough power to access the records. India or most other > countries would lack such advantages.

3 comments

> claims of non-traceability of cryptocurrencies

Uh, who's claiming that? Cryptocurrency transactions are _super_ traceable.

The same speaker claims it earlier, for one. The speech seems mostly well informed but that stuck out.
They are referring to

> AEs have the political power to control the crypto companies.

You won't find scammer's name on block explorer.

What? Why?
I think it's a sarcastic comment, saying a "block explorer" is all it takes to trace these and implying that the document is dumb for saying otherwise.

I don't know the details of the case well enough, but this is a usual type of comment on HN, and my a priori assumption would be it's probably oversimplifying reality and ignoring context as is also usual.