How We Were Traced On Silk Road's Black Market
forbes.com
forbes.com
"Despite what Meiklejohn was able to prove about Bitcoin’s traceability, the experiment also shows the limits of tracing those underground transactions. Once our bitcoins had been mixed up with other users’ bitcoins in the Silk Road’s 40 bitcoin account, it became impossible to track them further. So even though Meiklejohn could show that we had deposited bitcoins into a Silk Road account, she couldn’t see that those bitcoins were later paid to a drug dealer"