Yes, to a certain degree at least. I suspect they're going to need to go to a lot of effort to hide the trail. Maybe they'll manage it, maybe they'll be caught, it might depend on who is actually hunting them down, is it just the Slovenian police? they might not be the most motivated or tech savy (EDIT: didn't mean this a knock on Slovenians specifically in any way, just saying that they're not going to have the resources of something like the FBI).can the stolen bitcoins not be traced through the blockchain
1. the Bigshort is nonstop repeating the nonsense that Bitcoin is a new financial system replacing the evil rotten banks
That's not true, and when you resort to making stuff up then it exposes a weakness in your argument.
can the stolen bitcoins not be traced through the blockchain
Wallet are as secure as you make them to be. If you use a desktop wallet on the local internet cafe, with the hundreds on key-loggers, your coins go 'poof'.this theft points to a weakness in my view. How secure are the wallets and when a theft happens there is no law authority to turn to for help.
If someone robs the local bank of all its cash it is not a weakness of the Euro or the ECB.
yes but you can take your money out of a bank and keep it in your mattress. My point is as this is completely an I. T. based money then it' a hackers playground
Yes Brendan that is all correct.Correct, but it does not affect me. My deposit in Bank of Ireland is still safe.
If they rob my Bitcoin through hacking or robbing my wallet or whatever, there is no one to give it back to me.
The equivalent would be the scammers who call people and manage to persuade them to transfer money from their bank account to some other bank account. That is rare enough and most people would not be caught by it. If the person realises quickly enough that they have been scammed, their bank can sometimes get the money back.
Brendan
Yeah, if you don't take care its like holding cash in your house...I see that someone was able to rob $1.8m worth of Bitcoin at gunpoint!
https://gizmodo.com/man-charged-with-stealing-1-8-million-in-cryptocurrenc-1821252074
Gee, those north koreans surely picked a bad time to decide to become the international cyber crimelords?
They certainly didn't just start, North Korea have one of the most advanced cyber-warfare capabilities in the world. They've been increasingly targeting crypto currencies in the face of increasing sanctions.
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