
“Sheep Marketplace closed down over the weekend after someone got away with 96,000 bitcoins – and angry users are chasing him around the internet. In a normal robbery that money would be gone by now, but it isn’t. Bitcoin is pseudonymous, not anonymous, and bitcoins can’t just disappear. It works because each and every transaction is public and visible to each and every other person using the Bitcoin network, and a person is only as anonymous as their link to their wallet. Right now, as you’re reading this, you can watch as the the thief starts trying to move their bitcoins on again – it’s currently down to 92,000 bitcoins and dropping as smaller chunks begin going out.”
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