Post
Topic
Board Wallet software
Merits 5 from 2 users
Re: Wasabi blacklisting update - open letter / 24 questions discussion thread
by
witcher_sense
on 29/07/2022, 11:54:24 UTC
⭐ Merited by o_e_l_e_o (4) ,dkbit98 (1)
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': (objections in parentheses)

  • 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)
nopara73 claims that they didn't remove the coin control feature but rather improve it significantly by making it fully automatic and insusceptible to human error and bad privacy practices. But if you think you know better what to do with your own coins and how to spend them in the correct way, you can still choose UTXOs manually using the "secret" combination CTRL+D+C.

Quote
  • If your input was able to be mixed, you have pretty high probability of not getting it confiscated from a centralized exchange. (Easier to just avoid CEX)
This statement is based on the assumption that Wasabi Wallet developers care about ordinary users and don't want them to get in trouble because them using a "privacy-oriented" wallet. But the claims made by zkSNACKS CEO here and here contradict this assumption: their main objective is to maximize revenue by flirting with regulatory bodies and institutional investors, which is why they introduced blacklisting -  to protect themselves and also rich investors at the expense of ordinary people seeking for privacy tools.

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  • Chain analysis company can't spy due to not having a link between Bitcoin address and identity / IP / KYC.
If they couldn't spy, why would they work with people controlling a mixing coordinator? I think that a CoinJoin coordinator requesting the information about particular UTXOs is in itself valuable information that may help chain surveillance firms deanonymize at least some transactions.