The Pirate Bay Gets a 'Massive' $9 in Donations Per Day (torrentfreak.com)

An anonymous reader writes: When The Pirate Bay and other torrent sites started accepting Bitcoin donations a few years ago, copyright holders voiced concerns about this new 'unseizable' revenue stream. Thus far, this fear seems unwarranted with TPB raking in an average of $9 per day in Bitcoin donations over the past year. While hardly a windfall, it's a fortune compared to the donations received by the leading torrent site KickassTorrents.

Comments

Re:very low

[mentil]

Only if you do it wrong (disclaimer: it's very easy to do it wrong)
Try something like this:
1) Boot up Tor browser. Do the following steps inside Tor browser
2) Create new free webmail address at yahoo or whatever
3) Use said email address to create account at bitcoin exchange
4) Use prepaid credit card (paid for in cash) to convert money to bitcoins at said exchange
5) Donate to piratebay/etc.

Alternative to 3&4) go to bitcoin kiosk, feed cash into kiosk, credit goes into account associated with email address you enter. I've witnessed money launderers feeding stacks of benjamins into these.

Now if you want to argue that it's easy to tell that a particular transaction is going to The Pirate Bay, they can counter by creating custom bitcoin deposit addresses for every refresh of the "donate bitcoins" page, making it impossible to simply harvest and monitor their 1/10/million bitcoin addresses.