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by AlexandrB 1408 days ago
> Bitcoin has one defense against this attack: coin control. The way Bitcoin works is as if every time you wrote a check, you had to also include a list of all the other checks that the money comes from. So you can technically avoid implicating yourself in financial crime by not writing "payable by Iran/NK super hackerz" on your checks.

Isn't this terrible for freedom? When I pay with fiat, I don't have to include a list of where that fiat came from.

1 comments

The entire ledger is public anyway, everyone can already see the transactions that went into your wallet.