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Bitcoing tumblers are obfuscation method and are definitely not preventing you from tracing money. Its a way of making it harder to trace all the money. Also i
by me_me_me 7y ago
Bitcoing tumblers are obfuscation method and are definitely not preventing you from tracing money. Its a way of making it harder to trace all the money.
Also its public which tumbler was used for laundering so it can become target for law enforcement too.
It sounds like you feel really strongly about the subject and don't like crypto at all but I think you are being unfair here.
- realtalk_sp 7y agoSo the solution is to make currency flows centralized, traceable, and subject to government regulation? Fascinating...
- me_me_me 7y agoI would take a notch down from intellectual superiority. I have never claimed cryptocurrency to be better solution than fiat money. I am simply pointing out that false claims and perceptions that are often being spread. There is a lot issues with bitcoin but that doesn't make fiat somehow flawless solution. And just be be precise... The idea behind bitcoin is not to directly controlled by government. That is exactly what government can't do with bitcoin and what they are doing now - print money like crazy in a hope that ceos of multinationals somehow fix current crisis. Government and law is absolutely required to go after criminal elements. You cant solve crime with blockchain.