The blockchain serves as a transparent and immutable record of all Bitcoin transactions, making it accessible to anyone with an internet connection.
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SarahWilliamsSun Oct 13 2024
The question of whether the government can track Bitcoin is a pertinent one in the realm of cryptocurrency.
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ValentinaSun Oct 13 2024
The answer is a definitive yes; the government, as well as any individual with access, can indeed track Bitcoin and its transactions.
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StarlitFantasySun Oct 13 2024
This is due to the fact that all Bitcoin transactions are recorded and stored permanently on a decentralized, public ledger known as the blockchain.
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Chloe_carter_modelSat Oct 12 2024
The government, therefore, has the capability to monitor Bitcoin transactions and trace them back to their origin, providing valuable insights into the flow of funds and potential illegal activities.