Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin mixers be considered illegal by worldwide governments?
by
mazdafunsun
on 12/08/2019, 21:37:55 UTC


If governments ban mixers/tumblers, then they could easily do the same to privacy-oriented cryptocurrencies like Monero and Grin. It's all a matter of power and control over people than anything else. What do you think about this? Huh

Tell me what else for mixers are used then laundering money - making their transactions untraceable?
As you wrote, mixers are centralized - so they can be brought down by legal action.
Monero and other privacy coins are not centralized so they can not be brought down.

The solution is script based mixers, the only action can be made towards site owners, but this is the future also for the decentralized exchanges.