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The European Central Bank Is Either Lying About Bitcoin or Lying to Itself

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The European Central Bank Is Either Lying About Bitcoin or Lying to Itself

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Later, the authors directly contradict themselves when discussing the precise reason why bitcoin is falling out of favor for criminal use: because it is run on an immutable, fully public and transparent ledger. “Therefore, Bitcoin has been a cursed tool for anonymity, facilitating illicit activities and leading to legal action against offenders by the tracing of transactions,” they write.

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