Hacker News new | ask | show | jobs
by dgfitz 242 days ago
So the whole crypto anonymity thing isn’t actually real? As it turns out, tracing people is still easier than tracing money? Decentralized economies are run by criminal enterprises?! We aren’t safe!?!

Wonder how this whole concept overlays onto LLMs, with a lot more money on the line and a lot less regulation.

3 comments

You're probably joking, but even if crypto was totally anonymous, running a massive criminal human trafficking empire in the real world is very non-anonymous.
Good old police work still works. Because people need to talk to each other to do stuff. The only time anonymity helps is if you can pull it all off solo, and mix the funds enough to not be traced as well as cover tracks well enough.
Crypto anonymity is still possible if you don't plan to spend your ill-gotten millions or billions particularly quickly. But, of course, you don't get to having a massive active criminal empire that way.