Hilariously pointless US sanctions on two btc addresses


#1

Trying to sanction a bitcoin address is like trying to dewater a sinking ship with a straw.


#2

?. If they move BTC from it illegally then they’ll just get fucked by the US government. Bitcoin doesn’t do anything in this situation but provide proof that they broke the law.


#3

No, the point here is that you cannot enforce sanctions with bitcoin. By sanctioning a bitcoin address, the user can almost effortlessly just create a new address.


#4

Yes but the sanctioned bitcoin address likely has Bitcoin inside of it. The new address doesn’t


#5

The US gov still can’t enforce any type of sanctions/censorship on that bitcoin. They can track what the Iranian’s do with it, but that’s about it.


#6

send sanctioned btc to monero
shuffle between monero and pvix wallets
go back to btc
???
profit


#7

but the question is why Iranian and not Saudi Arabian address of BTC LOL?
of course you know why.