And lets face it, I know I have said it before, mixers are for people who don't want to go through the time & effort of hiding their coins themselves.
What I posted before.
There is nothing CM does that you can not do yourself. I just went and setup accounts on 2 exchanges that require nothing more then an email, actually used a separate disposable email service for each one while sitting in a parking lot on the free Wi-Fi from the Wendy's
Both have about the same price on XMR at the moment. So I could move my BTC to 1 of the exchanges, trade to XMR, withdraw to another exchange and trade back to BTC and to my wallet.
Would cost me ~ 30 minutes of time, 1.5% trade fee, .01 XMR withdraw fee and the BTC withdraw fee.
To find me you would need to get the records of an exchange in China and exchange someplace else and then figure out how to trace XMR.
*I did not do this because I have better things to do with my time but the point remains the same.
Or, I don't know, install Samourai Wallet and use Whirlpool and be done.
-Dave
Saying that mixers are designed / used by and for criminals just shows that you do not understand how crypto works or how to do things.
There are also the exchanges that do not require any form of registration such as
https://changehero.io/ or
https://flyp.me/en/#/ or
https://coinswitch.co/ So are exchanges only for criminals too? How about any of the services that have face to face for cash trades (bisq) are they for criminals?
-Dave
Besides that the current topic here is coin mixers. Not any of these three are providing legal information on their website which makes it very dubious.
Swap exchanges of course have another use case. Simply swap your current crypto into another of your desire. Which of course is not only used by criminals.
But the use cases here for criminals are very high. Swapping to other coins and destroy the trace to the old coins which came from illegal deals. Hold that coin or simply swap it back to the old one on another swap exchange.
So according to your thoughts, we should:
Have no exchanges that don't have KYC.
No cash so we can't do face to face transactions.
No mixers because only criminals use them.
No services like whirlpool / conjoin for the same reason.
No privacy based altcions.
No precious metals because I could give someone gold / silver / rhodium or any bar of metal which is untraceable.
You must want a very bleak and depressing world or are just work for a bank who sees competition and is panicking.
-Dave
1. Having not even one single address given is something
complete different than KYC. I don't think KYC is required up to a specific amount. But at an specific amount range it should be obligation.
2. Cash is going away with technological evolution, so not a very interesting topic.
Besides that I talked about making fiat to crypto deals, face-to-face.
3. Yes, mixers are not needed because only criminals use them.
4. I've never heard of those two things. I've done some short search and all I know so for is that whirpool is a service and it uses a technology called Conjoin to obfuscate UTXOs. But I can't argue right now about that.
5. Yes, I'm against privacy based altcoins like monero. I've read even the book "Mastering Monero" and the technical part is very fascinating. But monero itself is very dangerous for our world.
Basically everyone knows it but nobody wants to accept it. Neither the monero community or the devs. Who uses monero for normal transactions? And no merchant is accepting it. Besides some weird punk metal stores.
Monero is the perfect tool created for criminals. Its the perfect payment method for every criminal. A wet dream of every criminal. Almost 100% transactions on the monero chain are from criminal deals. From drugs to child porn.
6. Precious metals are goods from planet earth with many thousands year of history, so there's no need to make it illegal. The americans made it illegal in the 30s due to some obvious shadowy reasons but surely not because it was private.
We don't need many different altcoins which divides us.
We need one global transparent instant, fast and secure payment system. For everyone.
Were not criminals from the street can finance a gun deal or some secret services can finance terror groups.
When you eliminate corruption and make it not possible you solve the problems of the world. Then there is no need to be anxious and saying things like "I need that service to hide my money"