3 ms·
> the vast majority are individuals protecting their privacy. i get your point but i don't know if it's true. on various occasions, i've wanted to (1) anonymiz
by colinsane 4y ago
> the vast majority are individuals protecting their privacy.
i get your point but i don't know if it's true. on various occasions, i've wanted to (1) anonymize my funds before sending them to a discreet cause and (2) generate return on the funds i hold long term. for (1) i specifically avoid TC because going through a tumbler points a huge target of "this is suspicious activity", thereby drawing more attention to me specifically (attention isn't good for privacy). for (2) TC became an appealing place to park ETH particularly after ETH-denominated yields plummeted during this last DeFi crash (TC pays fees to the mixing pool). do we know how much of that "90% of non-hacked funds" involved in TC were provided by privacy advocates v.s. good ol' capitalists seeking returns from laundering?