Quote from: Dread Pirate Roberts on September 28, 2019, 06:19:17 AM

Quote from: Abiky on August 08, 2019, 11:18:59 PM

Bitcoin mixers have a long history since they came into inception some time ago. They've been a viable alternative for people looking towards privacy within their Bitcoin transactions. While Bitcoin mixers are far from being perfect, they're still one of the best solutions for obfuscating transactions from third parties. The only concern would be that mixing services are centralized as they're provided by a middleman. In effect, this brings a single point of failure greatly defeating the purpose of privacy.

We've seen how Bestmixer got shut down by the authorities. They claim that Bestmixer encouraged money laundering activities which resulted in legal action. The truth is that Bitcoin mixers can be used for both good and bad things. Money laundering is mostly done with Fiat than with cryptocurrencies like Bitcoin or Ethereum. Still though, the perception of worldwide governments against mixers/tumblers seems to be different nowadays. Which makes me wonder whenever Bitcoin mixers will be considered illegal by such entities within the future?

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

Bitcoin mixer is very possible for money laundering. but for someone who wants privacy for the transaction this mixer is very useful. but of course the government does not want privacy of one's transactions. whether for the benefit of the government or to prevent dirty money that can escape the government track. but certainly this mixer is not in line with the government system.

Bitcoin mixer's is still have a very effective use into every single cryptocurrency user, because it helps them to transfer their money anonymously. And also yes! it can be possibly use into money laundering, but I think simply using the bitcoin will make you anonymous, no need to use bitcoin mixer if you want to launder your money, they just want to close bitcoin mixer for their own good.