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A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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[https://news.yahoo.com/amphtml/exclusive-large-bitcoin-payments-to-rightwing-activists-a-month-before-capitol-riot-linked-to-foreign-account-181954668.html](https://news.yahoo.com/amphtml/exclusive-large-bitcoin-payments-to-rightwing-activists-a-month-before-capitol-riot-linked-to-foreign-account-181954668.html) “On Dec. 8, someone made a simultaneous transfer of 28.15 bitcoins — worth more than $500,000 at the time — to 22 different virtual wallets, most of them belonging to prominent right-wing organizations and personalities.”
[https://news.yahoo.com/amphtml/exclusive-large-bitcoin-payments-to-rightwing-activists-a-month-before-capitol-riot-linked-to-foreign-account-181954668.html](https://news.yahoo.com/amphtml/exclusive-large-bitcoin-payments-to-rightwing-activists-a-month-before-capitol-riot-linked-to-foreign-account-181954668.html) “On Dec. 8, someone made a simultaneous transfer of 28.15 bitcoins — worth more than $500,000 at the time — to 22 different virtual wallets, most of them belonging to prominent right-wing organizations and personalities.”
More sensationalism about Bitcoin. The fact it can fund activists is a feature and not a bug with regards to opressive authoritarian regimes. Maybe less needed currently in a country like the USA and depends on which side of the fence one sits in this case. If they wanted to stop funding of bad people then they need to clamp down harder on Fiat currencies as they seem to fund alot of killing and maiming (probably most of it tbh). Probably a nice story for officials to have floating around with the new wallet rules they are trying to push through.
More sensationalism about Bitcoin. The fact it can fund activists is a feature and not a bug with regards to opressive authoritarian regimes. Maybe less needed currently in a country like the USA and depends on which side of the fence one sits in this case. If they wanted to stop funding of bad people then they need to clamp down harder on Fiat currencies as they seem to fund alot of killing and maiming (probably most of it tbh). Probably a nice story for officials to have floating around with the new wallet rules they are trying to push through.
While cryptocurrency has been used by extremist groups and criminals to raise funds while shielding their identities, bitcoin is pseudonymous rather than anonymous. Bitcoin wallet addresses are permanent, and the digital ledger of transactions, called the blockchain, is public and can’t be changed. That means if people identify their bitcoin wallet addresses, as many right-wing groups do to raise funds, transactions can be traced, which is what allowed Chainalysis to uncover information about the source of the large December donations. The source of the funding, according to research conducted by Chainanalysis, appears to be a computer programmer based in France who created an account in 2013 — and who maintained a personal blog, which was not updated between 2014 and Dec. 9, 2020, the day after the “donations.”
While cryptocurrency has been used by extremist groups and criminals to raise funds while shielding their identities, bitcoin is pseudonymous rather than anonymous. Bitcoin wallet addresses are permanent, and the digital ledger of transactions, called the blockchain, is public and can’t be changed. That means if people identify their bitcoin wallet addresses, as many right-wing groups do to raise funds, transactions can be traced, which is what allowed Chainalysis to uncover information about the source of the large December donations. The source of the funding, according to research conducted by Chainanalysis, appears to be a computer programmer based in France who created an account in 2013 — and who maintained a personal blog, which was not updated between 2014 and Dec. 9, 2020, the day after the “donations.”
U.S. law enforcement is investigating whether the donations were linked to the Jan. 6 assault on the U.S. Capitol. December 8th is the day electors were certified. It was the date Trump would have known that he would have to stop the count to keep Biden from taking office.
U.S. law enforcement is investigating whether the donations were linked to the Jan. 6 assault on the U.S. Capitol. December 8th is the day electors were certified. It was the date Trump would have known that he would have to stop the count to keep Biden from taking office.
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