By what method to these companies determine which coins are tainted? Are their methods audited for accuracy? Why are they trusted? Does Wasabi Wallet do their own chain analysis?
Mind boggling. Even if local authorities did the investigation instead of whoever Wasabi is working with, how many times has the wrong person been called a criminal and thrown in jail for doing nothing wrong? On the other hand, how many of the real criminals got a pass and never been put in jail just because they were wealthy and powerful, just because they bribed the right party?
Why would Blockchain Analysis be ANY different if this is happening at the highest levels with authorities, politicians and everyone else involved?
Look, maybe if there was a way to stop all crimes with 100% accuracy I would support it. Hell, put it straight on top of Bitcoin's blockchain if that is the case. But if we are talking about freedom and censorship free, there is no way we can start censoring Bitcoin users and transactions based on guessing and investigations with who the heck knows how much accuracy and still call it censorship free because that is so contradictory and then Bitcoin becomes useless really.
If I get to be treated as a criminal and wrongfully censored for my actions then why the hell would I even use Bitcoin at all when I have banks that under some conditions are faster and even cheaper than Bitcoin is. They can censor me, they can question me. I sure do know they can. And at least I then know who I am talking to and what I put myself into rather than finding myself in a situation where I can not move money around due to a stranger telling another stranger that I am not a good guy.
After all, Bitcoin is here to set us free from the heavy chains of our current monetary system. We are a community of people who supposedly and theoretically want just that, if we exclude the speculative investors. I do not mind Bitcoin sitting at $20,000 for the next 20 years. I just want it to offer me the same freedom it did so far.
But do not try making me accept that censorship should be part of a censorship free system because that immediately shows me what your intentions are and never in this life will I agree censorship is fair or works against crime. Because at about any given time in history we know that a little censorship always led to more censorship and then ultimately led to some of the worst rules, regimes and choices that were definitely not for the people but against it.
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Regards,
PrivacyG