Quote from: teosanru on October 10, 2019, 11:07:53 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 Mixers aren't actually that bad when it comes to hiding your identity but technically this is really bad for a long future of bitcoin because every satoshi earned through illegal sources is mixed in these mixers and comes out absolutely clean. Moreover, these mixers actually give governments a solid excuse to ban cryptocurrencies as they can be used for money laundering and illegal activities. Even thought these mixers are in spirit of cryptocurrencies as the main agenda of cryptocurrencies is anonymity but still it will be not be a good going if mixers continue to tumble people's money.

This just brings us back to the old question of is it worth it to screw over random's privacy in order to catch the bad people using those services?

How far is the government allowed to sneak into our lives and monitor us to justify them catching criminals and stopping crime?

I'm still under the impression that mixers are not at fault here and it's instead the government's fault they aren't able to catch the criminals. Mixers are still traceable btw, especially if volume is high enough.