3 ms·
I've liked Bitcoin for a while now, but have always found tumblers scary. Seems like many users are tumbling their personal-use-quantity drug bitcoins for bitc
by cwkoss 5y ago
I've liked Bitcoin for a while now, but have always found tumblers scary.
Seems like many users are tumbling their personal-use-quantity drug bitcoins for bitcoins from crimes with much more LEO/regulatory oversight - like money laundering (and increasingly ransomware).
I wonder how many people have gotten a knock on the door by the Secret Service and found their risk mitigation strategy actually painted a bigger target on their backs.
- acdha 5y agoI think of it as basically the same problem as running a Tor exit node: you're basically taking on the risk of whoever committed the greatest crime using that system, with the knowledge that the more successful you are at making the service work the more likely it is that someone sketchy is going to send traffic your way because it's cheaper / more reliable than the alternatives. Even if you love the concept and want to see it succeed, that's a big deterrent unless you love litigation and are confident that it won't be a SWAT raid.