3 ms·

No, but you can mark the transactions right? So if I know all the bitcoins in that "bad" wallet, I can follow all transactions from that wallet and see where th

• olegkikin 9y ago
  What will that achieve? After mixing you end up with addresses that contain coins that are partially stolen, partially clean (tainted). You could, theoretically, convince some providers of goods/services not to accept any tainted coins. It is doable, but most business owners don't care about that, as long as the money is not pure stolen (in both Bitcoin and physical world). Consider that some money in your bank account has previously gone through being stolen, traded for drugs, guns, slaves, being laundered. Pretty much nobody but the Central Banks has clean money.
  • philbarr 9y ago
    Right - now we're talking about it as if it's been mixed. I originally said that his best bet would be to use a mixer, otherwise the transactions can be traced. And by mixing he's relying on a third party.
• joncrocks 9y ago
  Sure, this works if the mixing moves all coins through a single wallet. By using a set of different wallets where the control is shared but unknown outside of the mixer, you can end up with coins that are not traceable through wallets. A bit like you giving money to a third party, who calls up his friend, and then his friend gives the same amount of money to your friend. 'Your money' then ends up being used for something else (unrelated to you).
  • thaumasiotes 9y ago
    Fundamentally, your money must end up going to your hawala dealer's friend. However, under this system, your money can move from the dealer to his friend after it moves from his friend to your friend, violating the normal temporal order of things.