Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Best ways of making BTC Not trackable
by
squatter
on 29/03/2020, 03:07:47 UTC
⭐ Merited by boyptc (1)
I have heard that mixers are now illegal in the US. Some mixer have been shut down and mixer owners condemned.

A mixer that serves US customers but is not registered with FinCEN would be considered an unlicensed money transmitter, which is technically illegal. From a money laundering perspective, mixers are not illegal unless the mixer explicitly presents the service as a money laundering conspiracy. That is what the operate of Helix did. He also made the obvious mistake of operating the service from inside the United States.

are you from chipmixer (because you promote it)? is it reliable?

It's easily the most reputable custodial mixer. It probably provides better privacy than existing CoinJoin implementations, but the obvious downside is the third party trust involved.

As quoted above from theymos' post. Using coinjoin requires you 0.1BTC as the minimum amount.

Many doesn't hold that much amount.

Wasabi Wallet requires that, but others don't. Samourai Wallet's Whirlpool only requires a 0.01005 BTC minimum to access its 0.01 BTC pool. Its privacy guarantees aren't as good as Wasabi, though.