Published on August 19th, 2015 | by bitcoin0
Arms Dealer Nailed By Government Officials After Thinking Bitcoin Is Anonymous
Not all of those goods and services are considered legal, highlighted during the case brought against Benjamin James Cance, a weapons dealer who enjoyed the pseudonymous benefits of Bitcoin transactions.
Enthusiasts of virtual currency are slowly starting to realize that Bitcoin is far from anonymous, making it a less preferable type of payment for illegal goods and services.
Granted, Benjamin James Cance is an arms dealer, and yes, he preferred Bitcoin payments.
Guns and weapons are the real crime, not a virtual currency like Bitcoin, as it never facilitated money laundering.
Another Indication Of Poor Bitcoin Education
Benjamin James Cance was, just like most mainstream media outlets, poorly educated on the topic of Bitcoin.