Reply to post: Re: "...(is there a way to tell?)..."

Disgraced US Secret Service agent coughs to second Bitcoin heist


Re: "...(is there a way to tell?)..."


I'm a bit weak on the details, but I've read that it's a PUBLIC ledger.


Well yes, but that does not mean that it is traceable to a particular person. If you spend any portion of a bitcoin your "change" will be from a completely different place. There are also sites that deliberately "mix" your bitcoin to prevent it being traced. It is somewhat similar to the serial number on a banknote - those could perhaps be used to determine who originally withdrew a particular £20 from a bank or ATM, but if that person used it to buy an item for £1, the money he received in change will no longer be traceable to him.

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