Hacker News new | ask | show | jobs
by navyrain 4592 days ago
It should be noted that all we can know about an arbitrary transfer like this is BTC was moved. We do not know if ownership of said BTC changed; people can own many bitcoin addresses.
1 comments

Agreed.

One of the many wonderful elegant qualities of Bitcoin.

It's actually a very public way of transferring value between endpoints but in a way that lets you "tune" the tradeoffs to just the right mix between privacy/anonymity and full-disclosure, to taste. You can't do that with government/bank/fiat systems.