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Are you saying you're 100% comfortable sharing the details of all financial transactions you're a part of with "the world"? Sure, your bank would probably want

Are you saying you're 100% comfortable sharing the details of all financial transactions you're a part of with "the world"? Sure, your bank would probably want to inquire about the source of the cash if you were to bring a briefcase of cash to the branch for a deposit. But that would be private information sharing "channel" between you and your bank - both the source of your funds and the fact that you have them in your account is reasonably private compared to a wide open ledger sitting out there with all of the txs from day one.

gnaritas 11y ago
> Are you saying you're 100% comfortable sharing the details of all financial transactions you're a part of with "the world"? I'm pretty sure I didn't say that, so no.
- j15t 11y ago
  You did say that because you said that using a Bitcoin mixer is equivalent to money laundering. On the Bitcoin network all transactions are public and can be linked to an individual. Without mixers it quite possible that the details of all of your financial transactions will be public.
  - gnaritas 11y ago
    No I didn't say that because... > Are you saying you're 100% comfortable sharing the details of all financial transactions you're a part of with "the world"? and > using a Bitcoin mixer is equivalent to money laundering. Are not equivalent statements. > Without mixers it quite possible that the details of all of your financial transactions will be public. Not true since you've forgotten the other option available to me; I don't have to use Bitcoin; you've presented a false dichotomy. I can simply choose not to use Bitcoin, consider mixing money laundering (that is after all its express intent, hiding the source of money), and still keep my financial transactions non public as they are today.
- ChemicalWarfare 11y ago
  well so then you get the point that not willing to share your tx info with "the world" (which is what the mixers are for) != money laundering

gnaritas 11y ago

> Are you saying you're 100% comfortable sharing the details of all financial transactions you're a part of with "the world"? I'm pretty sure I didn't say that, so no.

j15t 11y ago
You did say that because you said that using a Bitcoin mixer is equivalent to money laundering. On the Bitcoin network all transactions are public and can be linked to an individual. Without mixers it quite possible that the details of all of your financial transactions will be public.
- gnaritas 11y ago
  No I didn't say that because... > Are you saying you're 100% comfortable sharing the details of all financial transactions you're a part of with "the world"? and > using a Bitcoin mixer is equivalent to money laundering. Are not equivalent statements. > Without mixers it quite possible that the details of all of your financial transactions will be public. Not true since you've forgotten the other option available to me; I don't have to use Bitcoin; you've presented a false dichotomy. I can simply choose not to use Bitcoin, consider mixing money laundering (that is after all its express intent, hiding the source of money), and still keep my financial transactions non public as they are today.
ChemicalWarfare 11y ago
well so then you get the point that not willing to share your tx info with "the world" (which is what the mixers are for) != money laundering