Post
Topic
Board Bitcoin Discussion
Re: On accomplished facts.
by
o_e_l_e_o
on 30/07/2022, 07:09:27 UTC
Wait a minute; are zkSNACKS and Wasabi really such separate entities? I was under the assumption that they're one and the same thing.
You are correct. zkSNACKs pays for Wasabi development through fees it collects from the coordinator (well, whatever is left over after they fund blockchain analysis companies, of course).

Who do wasabists think they are?
It is quite clear from their blog posts, interviews, social media, etc., that they see themselves as second only to Satoshi in importance when it comes to bitcoin. Without them, bitcoin would fail.

Mind explaining how by mixing my fully legitimate coins I am actually laundering my money?
You obviously aren't, but mixers are one of the things franky1 hates, along with Lightning, Core, segwit, privacy in general, and a bunch of other stuff, so no amount of logical arguments will change his mind. Everyone arguing with him here is wasting their time and helping him achieve his goal of derailing this thread in to another one filled with his excessive rants.

Let's try to stay on topic here guys.

Upon the foregoing, tadamichi, I may properly answer your question:  In Bitcoin, we currently have a system where, as a practical matter, exchanges and other services cannot use whitelists to enforce the purpose of taint tracing.  It would hurt their businesses too much.  That is an accomplished fact.
I would note that there have been (so far) unsuccessful efforts to try. For example, AOPP was proposed as a solution for centralized exchanges to whitelist users' addresses (i.e. apply KYC to external wallets), and only allow deposits or withdrawals to or from these addresses. It was supported by a bunch of projects and wallets, some of which I really hoped would know better. It was only after community backlash that they all dropped their support and AOPP seems to have a hit a dead end. So while I agree that educating the bulk of users will not and can not solve many issues, if there had been no education on the AOPP issue then it would have proceeded unopposed and would end up in widespread use.