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Which means that if you really want to clean dirty BTC, you need to simply use it to pay for miners, then mine clean BTC.
by toss1 5y ago
Which means that if you really want to clean dirty BTC, you need to simply use it to pay for miners, then mine clean BTC.
- hamiltonians 5y agohow would that work if it is unspendable
- toss1 5y agoUnspendable with who? Seems if you can't go to exchanges, going to private corps or individuals who don't follow the ban lists would likely work, makes it their problem. Of course, scale matters. Buying a couple of rigs off random sellers willing to take BTC should be trivial, but if you need a warehouse full of them...
- chii 5y ago> who don't follow the ban lists would likely work, makes it their problem. which is how you launder money today! And dirty money is certainly worth less than clean money.
- toss1 5y agoOf course it is, I said nothing different. I was responding to the question of "how would it work?", not "is it worth 100% of the same 'clean' funds?". Different circumstances and market conditions will make the discount variable.