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So apart from all the geopolitics of it this line is interesting

"few seconds to pay in bitcoin, ensuring they can’t be traced or confiscated due to sanctions,’ Hosseini added"

Maybe I'm ignorant of Bitcoin but isn't Bitcoin transactions recorded in a public cryptographically signed ledger? Isn't that literally the opposite of "can't be traced"?

 help



And if you knew the manifests (quantity of oil) for the ship, just the value of the bitcount transaction could be used for tracking.

Or, if you knew the bitcoin addresses, you could figure out exactly how much oil is being moved. I would think oil data analysts would love to have access to that data (if they don't already).

It’s like those podcasters that figure out who’s dating whom by looking through their Venmo.

We just need to watch for large transactions with the Iranian flag and boat emojis…


There a whole industry called on chain analysis that do this sort of work.



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