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Have you followed the bitcoin / cryptocoin community at all? https://bitcointalk.org/index.php?topic=1102135.0 https://bitcointalk.org/index.php?topic=1102135.
by nosuchthing 9y ago
Have you followed the bitcoin / cryptocoin community at all?
https://bitcointalk.org/index.php?topic=1102135.0 https://bitcointalk.org/index.php?topic=1102135.0
https://forum.bitcoin.com/dev-tech-talk/simple-guide-to-tumbling-bitcoins-t16395.html https://forum.bitcoin.com/dev-tech-talk/simple-guide-to-tumb...
Freedom from law and oversight is mostly what the Cryptocoin anarcho-capitalist and libertarians focus on as the primary benefit. Satoshi's white paper stresses the feature of pseudo-anonymous transactions. Bitcoin tumbling has been going on since the very early days of the Bitcoin network. zKSnarks are an innovation to make this even more obfuscated and less traceable.
This is why a few of the most famous Bitcoiners are trying to establish a tax haven in Puerto Rico.
Dozens of American entrepreneurs, made newly wealthy by
blockchain and cryptocurrencies, are heading en masse to
Puerto Rico – a US overseas territory – this winter. They
are selling their homes in California and establishing
residency on the Caribbean island in hopes of avoiding
what they see as onerous state and federal taxes on their
growing fortunes, some of which reach into the billions of dollars.
https://www.independent.co.uk/news/long_reads/us-bitcoin-puerto-rico-blockchain-cryptocurrency-steve-bannon-pierce-brock-a8198491.html https://www.independent.co.uk/news/long_reads/us-bitcoin-pue...
ICOs and fundraisers are an easy front for money laundering in cryptocoin land.
http://www.fraud-magazine.com/article.aspx?id=4294993747 http://www.fraud-magazine.com/article.aspx?id=4294993747
- cgmg 9y agoDo you realize that none of what you said contradicts the GP?
- nosuchthing 9y agoDo you realize you're hand waving? https://en.wikipedia.org/wiki/Hand-waving https://en.wikipedia.org/wiki/Hand-waving