Local wallets is not a really accurate term - all BTC transactions go in the pub... | Hacker News

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		Nursie on Aug 13, 2013 \| parent \| context \| favorite \| on: Every important person in BitCoin just got subpoen... Local wallets is not a really accurate term - all BTC transactions go in the public ledger. It's kinda one of the flaws of bitcoin, there's no such thing as an offline transaction.

rak on Aug 13, 2013 [–]

I think the go is trying to distinguish between wallets associated with a known identity through exchanges/services and ones that are not.

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