Post
Topic
Board Trading Discussion
Re: Are mixers illegal?
by
iMark
on 07/10/2019, 10:06:33 UTC
I would love to have a general conversation around mixers and if they are legal. I've heard both sides. Would be great to have someone involved in the legal side of things like Ciphertrace or a regulator to shed light on this topic
We may question the motives why Bitcoin needs to be mixed when in fact Your transactions in Bitcoin remains anonymous unless you already posted somewhere your address where your coins are stored. Is it legal? Yes it is legal to countries that doesn’t have any law passed to make it illegal. Is there a country that already made mixing Bitcoin illegal?
Of course we already know the motive, what else if not money laundering, what else besides that? because we ourselves know that bitcoin transactions remain anonymous even though they are transparent. No one knows your bitcoin address, nobody knows how many bitcoin addresses you have. so why are you looking for other methods to be more untraceable transaction, if not for that activity. Even so, the rules will depend on the laws of each country right?