Message from @realz
Discord ID: 778022610255478805
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
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
and there are some similar coins
I read some papers by some of those cryptographers (slightly related papers, not on the coin itself)
I mean, if you use anonymous crypto, you're just in a bigger coin-join pool
that is true
but if it is big enough with enough "clean" money to get lost in
then it can work
but yea simply buying a crypto whose sole purpose is anonymity raises red flags
Which is why they made Monaro illegal real quick
its illegal?
for exchanges
Yep
wikipedia doesn't say anything AFAICT
I could have sworn I got an email from Bittrex about it.
individual exchanges deciding not to participate makes a lot more sense