traceable

They say Bitcoin is anti-government, but it’s the perfect surveillance tool. Every transaction is public. Every wallet is traceable. Blockchain is bureaucracy’s favorite invention.

The identity behind Bitcoin’s creation remains unconfirmed. In October 2008, a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” appeared under the pseudonym Satoshi Nakamoto. The network went live in January 2009. While the name is Japanese, linguistic and posting analyses suggest Western origins. No government has ever publicly verified Nakamoto’s identity. Roughly 1,000,000 …

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World Bank’s “lack of traceable spending” lost $24B in funds fighting climate change: ‘Could be twice or 10x more’

Bungling World Bank bureaucrats lost track of at least $24 billion bankrolling the battle against climate change, according to a bombshell report by a left-leaning charity group. An investigation by Oxfam revealed “poor record-keeping practices” by the DC-based international lender that resulted in anywhere between $24 billion and $41 billion in misplaced funds. The agency’s …

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