2 ms·
>the cost to unmask any given btc txn to asymptotically approach $0. Mind you, there are several ways to obfuscate transactions even in the bitcoin network. and
by Out_of_Characte 5y ago
>the cost to unmask any given btc txn to asymptotically approach $0.
Mind you, there are several ways to obfuscate transactions even in the bitcoin network. and there are also privacy focused blockchains to whitewash money
- cwkoss 5y agoAll of the 'trustless' tumbling solutions I've seen tend to leave some evidence on the blockchain, it often only dilutes the certainty that a particular input maps to a particular output. IMO, the only "surefire" way to launder bitcoin is traditional money laundering: send a trusted person dirty bitcoins and they send you back bitcoins from a clean legitimate source. Strong incentive for launderer to take the funds and run, so trust is unstable in this model.
- warkdarrior 5y agoBut... trustless! /s