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View Diary: Bitcoin Bubble Bound to Burst (52 comments)

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  •  Are the purchases themselves anonymous? (0+ / 0-)

    Let's say you use it to purchase a good or service online; wouldn't the seller / provider have a record of who the purchaser is?  

    Nonetheless, certainly in many circumstances that'd be tough.  

    •  In some cases I would guess that they (0+ / 0-)

      are known, but given that it's often used for drugs and other things in the informal economy I'd bet that the reporting rates would be incredibly low.

      If debt were a moral issue then, lacking morals, corporations could never be in debt.

      by AoT on Thu Mar 28, 2013 at 02:00:22 PM PDT

      [ Parent ]

    •  Nope. In the case of a physical asset, they'll (1+ / 0-)
      Recommended by:
      AoT

      have shipping info, but that's about it. Lotta SR vendors claim to destroy shipping info x # of days after transaction, or @ confirmation of delivery- don't know if they actually do.

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