Message from @SPEARS
Discord ID: 778006757028397077
and as I explained, it isn't easy to actually seize either
you can make similar hand wavey arguments about any assets
stocks or real estate
anything
(with the difference being that they can actually seize it with or without your "assistance")
not to mention that in such a scenario it would be worth a lot to people out of the country
I actually did a bunch of research on tracking things like btc
i.e I almost wrote a paper on it
and it is quite easy to have a single plausibly deniable transaction to yourself
i.e to claim you sent it to your cousin outside the US
and they can't prove otherwise or do anything about it
(except put you in prison or something)
the idea that btc is not anonymous is true over many transactions
what country are you from?
I am from the US
for a single chain of transactions, it is feasible to plausibly deny that you are any longer connected to it
I mean they are trying to do what you say right now
in Venezuela currency trading offmarket is illegal, pretty sure
btc is doing just 'fine
is the US more evil or ruthless than Venezuela?
sorry man, but you seem to be really young. all of these arguments are immature and off topic from what I originally said. you are discrediting sourced information I am drawing conclusions from, while providing no sources and doing worse speculation than I am
bro
I've written btc clients
¯\_(ツ)_/¯
@SPEARS Look into coin-join and then tell me that it's not anonymous
/ can't be made anonymous by a sophisticated user
coinjoin seems like tumbling
where you trust a third party to take in a bunch of "dirty" money, and each contributor gets back the same amount, minus a fee
problem with this sort of thing is, just participating in it, or being connected to someone who does, is a red flag
(arguably also illegal as money laundering)
and it is easy to see such things on the blockchain
most types of tumbling becomes very obvious
and basically you are probably gonna end up with _even_ "dirtier" money than you put in
(you don't want the FBI examining _you_ instead of some mexican mob boss)
That it is anonymous is the issue. There's a reason Monaro failed to launch
by participating in a coinjoin you anonymize yourself among all the participants
but A. the participants in a coinjoin are probably dirtier than you, and B. simply participating in one is probably illegal (money laundering)
I don't know how monero is/was supposed to work
but I do know there are theoretically anonymous cryptocurrencies
I think zerocoin had some cryptographers working on it