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Exactly right. Melted and recycled. Legally!! That's what Koreans are doing through atomic swaps and DEXes, but chainanalysis fraudulent companies pretend they can catch the culprits.
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Exactly right. Melted and recycled. Legally!! That's what Koreans are doing through atomic swaps and DEXes, but chainanalysis fraudulent companies pretend they can catch the culprits.
Guess the slight difference is that coins don't come with UTXO/blockchain history.
some, e.g. stolen Spanish are obvious, but could be melted down. Gold is gold.
Maybe one day bitcoin is bitcoin.