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Remember when we called laundering money that because laundromats were used? Just tumble your coins! https://en.wikipedia.org/wiki/Cryptocurrency_tumbler https
by meowkit 6y ago
Remember when we called laundering money that because laundromats were used? Just tumble your coins!
https://en.wikipedia.org/wiki/Cryptocurrency_tumbler https://en.wikipedia.org/wiki/Cryptocurrency_tumbler
- ur-whale 6y ago> Just tumble your coins! Much easier said than done: - it costs money - most tumblers aren't safe at all (who's to say they aren't operated by the govt or that they don't keep logs) - in some cases, you might not get your coins back at all Coinjoin for BTC is a better approach, but it's also far from easy to use (need a special wallet) and is basically useless until it sees mass adoption.
- cwkoss 6y agoTumbling crypto never made sense to me: "I don't want the government to know that I made this $50 selling weed, so I'll trade it for $49 dollars from another weed dealer to make it look 'clean'!" Shouldn't you expect that most people paying to use tumblers have a reason to do so, and thus the vast majority of coins from tumblers are tainted as well?