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We live in the future!
(lemmy.world)
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this post was submitted on 13 Dec 2023
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People have been using crypto for drugs since it was created, so I don;t know what to tell you, seems plenty safe for that purpose.
Crypto is like stamping your thumbprint on every bill that passes through your hands. If they can ever link you to your crypto wallet(s), the blockchain lets them trace every other transaction you have conducted, every wallet you have ever done business with, even decades later.
Maybe the statute of limitations has run out on something from years ago, and they can't charge you for something you did in the past. But there is no statute of limitations on intelligence gathering. Maybe they run a suspect's trail backward 15 years, find where they did business with your old wallet, then follow that trail forward until they find what you're doing today.
Don't know what to tell you, but crypto is constantly being used for illegal activities, and I have yet to hear of any big busts resulting from the use of crypto.
That says more about your hearing than anything else.
Cool. Do you have any sources of blockchain being used to nab drug dealers? Would love to read into that.
https://en.m.wikipedia.org/wiki/Silk_Road_(marketplace)
From what I can see actual blockchain didn't find anyone who used the website or bought drugs. The only listed arrests (unless I missed some) were the webmaster himself, who was found using a honeypot, an Australian who had their drugs found and then their silk road account was found, and the only bitcoin was from someone who hacked the silk road and had it later seized by the government.