Quote from: MRNEXCHANGE on August 22, 2017, 04:44:01 PM

Quote from: BITMIXER.IO on July 23, 2017, 07:09:15 PM

Hi all!
Despite the huge profit we earn, we are closing our activity. Let me explain why.

I'm bitcoin enthusiast since 2011. When we started this service I was convinced that any Bitcoin user has a natural right to privacy. I was totally wrong. Now I grasped that Bitcoin is transparent non-anonymous system by design. Blockchain is a great open book. I believe that Bitcoin will have a great future without dark market transactions. You may use Dash or Zerocoin if you want to buy some weed. Not Bitcoin.

I hope our decision will help to make Bitcoin ecosystem more clean and transparent. I hope our competitors will hear our message and will close their services too. Very soon this kind of activity will be considered as illegal in most of countries.

Cheers,
Bitmixer.IO

I have read your post with great interest, and I can see the heavy moral questions that arise from your internal debate. However, is it true that a catalyser to your decision, was in fact a claim made by US law enforcement?

I think Bitcoin gives us the power to decide whether you want to be public about your stake in it or not, and this is quite a primal right every individual should have.

For example, what if a guy from the pizza shop or some taxi driver i just payed with my bitcoin wallet, would know that I hold 10,000 BTC?

How many dangerous situations that would create?
Would I ever be able to use my crypto wallet safely (not from hackers, but from street criminals) again?

Let's play retard advocate.

Let's say I just purchased a thousand dollars worth of bitcoins for the very first time, the transaction conducted via Coinbase.

Coinbase sent me a thousand dollars worth of bitcoins from a wallet address depicting a current balance of millions of dollars worth or bitcoins.

A nefarious actor is made aware of a bitcoin payment I made to a taxi driver, pizza dude, etc. The street criminal does one of the following: Assumes I own the millions of dollars of bitcoins so tries to rob me; is astute enough to know that those millions aren't mine but belongs to Coinbase so I'm left alone; opts to rob some little old lady's purse because it's easier, safely assuming that the bills obtained from within didn't have their serial numbers registered and kept in her underwear drawer hidden in the left cup of a vintage brasier she worn to a prom forty years ago with her brother Hugo.