this post was submitted on 18 Jun 2025
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[–] JasonDJ@lemmy.zip 11 points 11 hours ago (12 children)

I imagine the part in the article where OPP destroyed the vps and cancelled the domain because he realized he paid for the vps with his credit card?

[–] orclev@lemmy.world 19 points 10 hours ago (11 children)

Crypto is not anonymous, the entire concept of how it works is to be the worlds most public and distributed transaction ledger. It is more difficult to track than credit card transactions, but that's a very big difference from being impossible to track. There have been multiple papers published at this point on how you can de-anonymize any crypto purchase.

People really need to get over this idea that using crypto to buy things makes you anonymous.

[–] surewhynotlem@lemmy.world 6 points 10 hours ago (4 children)

Exactly. That's why you had to fill out all the KYC paperwork when you create your Bitcoin wallet.

Oh, you didn't?

Crypto is not hidden, but it can be anonymous. You can't hide that you got money from X account and spent it at Y account. But there's no name tied to the transaction.

[–] ipitco@lemmy.super.ynh.fr 4 points 9 hours ago

that's pseudonymous, but if you remove all links with your original identity, you can even use non-privacy coins and not be known

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