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How a 27-Year-Old Codebreaker Busted the Myth of Bitcoin’s Anonymity (www.wired.com)

submitted 10 months ago by kalkulat@lemmy.world to c/technology@lemmy.world

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"This is the story of the revelation in late 2013 that Bitcoin was, in fact, the opposite of untraceable—that its blockchain would actually allow researchers, tech companies, and law enforcement to trace and identify users with even more transparency than the existing financial system."

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[–] 520@kbin.social 14 points 10 months ago

Plenty of ways to identify people from their spending habits.

There are also plenty of ways to connect the address to the person. You can subpoena a legit vendor they've paid with that address, for example.