Re: Wasabi blacklisting update - open letter / 24 questions discussion thread
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Wow. They make some very good arguments about why taint is complete nonsense and blockchain analysis companies are not to be trusted. Still no mention anywhere of the fact that they do the exact opposite of all of this and use your coinjoin fees to pay for blockchain analysis firms to spy on you. The bottom of the page even includes a list of blockchain analysis companies. Perhaps we could open a GitHub issue and ask them to put an asterisk next to the ones they work with.
I'm doing my best attempt at devil's advocate here and trying to construct a scenario that in their eyes might look 'benign' / 'for the users':Wow. They make some very good arguments about why taint is complete nonsense and blockchain analysis companies are not to be trusted. Still no mention anywhere of the fact that they do the exact opposite of all of this and use your coinjoin fees to pay for blockchain analysis firms to spy on you. The bottom of the page even includes a list of blockchain analysis companies. Perhaps we could open a GitHub issue and ask them to put an asterisk next to the ones they work with.
- If your input is rejected from Wasabi CoinJoin, at least it doesn't get confiscated. So you can still figure out what to do with it. (Not sure how though, without coin control)
- If your input was able to be mixed, you have pretty high probability of not getting it confiscated from a centralized exchange.
- Chain analysis company can't spy due to not having a link between Bitcoin address and identity / IP / KYC.
Another idea:
- Blacklist will never be activated / implemented, no information will ever be shared with chain analysis companies.
- Official statement was just a regulatory obligation / something to 'point to' if someone questions them about AML.
- Then they can say 'oh we absolutely don't work with criminals by checking all UTXOs against a blacklist' while actually not doing any of it.