Post
Topic
Board Bitcoin Discussion
Re: 'Wasabigeddon' article discussion (it supposedly solves fungibility)
by
franky1
on 31/07/2022, 11:43:44 UTC
But a business cant just claim that your legit bills are suspicious and then keep them. Theres no real process that violates peoples rights there, but with coin taint its completely arbitrary and a process thats completely detached from the justice system.

first of all mr exaggeration for an agenda king
regulated exchanges cant and dont just confiscate coins for silly reasons

maybe try to read some stuff before just listening to the buddy group with an agenda
when you get s suspicious flag on your account thats not a reason to confiscate.
when that level is raised to a need to file a suspicious activity report with an authority, thats not a reason to confiscate
when the authorities do their own investigations due to receipt of an SAR thats not a reason to confiscate
when the authority finds evidence from other sources that links to possible crime that meets the court requirement of a court claim. THEN the authority makes a court order with the court to hand to the exchange which then forces the exchange to confiscate value and hand it to the authority.


reality is, REAL privacy guys know what the laws actually are. and know how to move around them. they are not fearing the court system, what they actually just want is to not even get to that level by staying so far under the radar that no trigger is pulled at any of the first suspicion stages, where their name is tossed around and shared in the first place.

EG they are ok with telling a business their name but dont want that business passing it around sharing that info with people the privacy guy doesnt know/didnt authorise