create account

RE: Get with the Program, Got Bitcoin and Crypto Currency? by digdaga

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @cryptostache/re-digdaga-re-hilarski-get-with-the-program-got-bitcoin-and-crypto-currency-20170729t000133300z

· @digdaga · (edited)
Ok, let's say you have 100 Dollars in your pocket and go out and spend that 100 USD, maybe you bought a pair of jeans, get a bite or cafe somewhere and then take a cab home. Can someone really know what you did with your 100USD? the simple answer is NO.

Now, let say you have the equivalent of 100 USD in Bitcoin in your coinbase wallet, which required full ID identification to register. Now which is easier to trace the Cash you spent or the BTC you spend that registers every transaction in the blockchain, what do you think you are downloading when you install the Bitcoin wallet on your computer? you are just downloading every transaction that ever happened since the creation of Bitcoin.
properties (22)
authordigdaga
permlinkre-cryptostache-re-digdaga-re-hilarski-get-with-the-program-got-bitcoin-and-crypto-currency-20170729t000605344z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2017-07-29 00:06:06
last_update2017-07-29 02:22:06
depth3
children2
last_payout2017-08-05 00:06:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length695
author_reputation9,773,649,770,606
root_title"Get with the Program, Got Bitcoin and Crypto Currency?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id10,069,674
net_rshares0
@cryptostache ·
So you are saying that coinbase turnsover all their data to the government?
properties (22)
authorcryptostache
permlinkre-digdaga-re-cryptostache-re-digdaga-re-hilarski-get-with-the-program-got-bitcoin-and-crypto-currency-20170729t152326375z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2017-07-29 15:23:27
last_update2017-07-29 15:23:27
depth4
children1
last_payout2017-08-05 15:23:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length75
author_reputation34,514,281,144,880
root_title"Get with the Program, Got Bitcoin and Crypto Currency?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id10,127,458
net_rshares0
@digdaga · (edited)
$0.51
Maybe yes, maybe no. I don't have proof to claim that coinbase is giving any date to the government, but i wonder why they need all that data in the first place.
👍  
properties (23)
authordigdaga
permlinkre-cryptostache-re-digdaga-re-cryptostache-re-digdaga-re-hilarski-get-with-the-program-got-bitcoin-and-crypto-currency-20170729t195810496z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2017-07-29 19:58:12
last_update2017-07-29 19:58:21
depth5
children0
last_payout2017-08-05 19:58:12
cashout_time1969-12-31 23:59:59
total_payout_value0.386 HBD
curator_payout_value0.128 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length161
author_reputation9,773,649,770,606
root_title"Get with the Program, Got Bitcoin and Crypto Currency?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id10,148,750
net_rshares134,791,920,864
author_curate_reward""
vote details (1)