Re: WasabiWallet.io | Open-source, non-custodial Bitcoin Wallet for desktop
It has been explained over and over again that Wasabi has no government blacklist. This means at the very best, they can make a 'best effort' attempt at preventing users from mixing their coins with criminal's coins if it was about protecting users.
Although the question remains; even in a perfect world (in a blacklist advocate's eyes) what happens if I get coins from a Wasabi mix that are tainted later?
Example:
That's why the whole concepts makes absolutely no sense and left us all so confused. Even 24 questions and answers directly from Wasabi weren't able to satisfactorily explain the company's move.
Although the question remains; even in a perfect world (in a blacklist advocate's eyes) what happens if I get coins from a Wasabi mix that are tainted later?
Example:
- Assumption: Wasabi has access to government-accepted / -created list of scammers' addresses.
- Person A scams person B out of 1BTC and mixes that coin on Wasabi immediately. As the coin was sent by B to a fresh address that A just generated, it's not on any blacklist yet.
- Person A gets out 'clean' coins after a few minutes; meanwhile I'm in the same mix and get the scammed coins (still are not yet tainted).
- It takes person B at least a few hours if not weeks or months to bring the case to the police / to court and get the scammer's coins on the government blacklist.
- Now a few months have passed, I want to spend my supposed 'clean Wasabi coins' and they are blocked by the government, or I might get arrested, since I own coins coming from a theft.
- Profit ?
That's why the whole concepts makes absolutely no sense and left us all so confused. Even 24 questions and answers directly from Wasabi weren't able to satisfactorily explain the company's move.
Oh, they won't bother blacklisting eenie weenie scammed coins (that is unfortunately how governments and perhaps Wasabi view them - it is sad that over 10 years of cyber bloodshed hasn't brought a single major regulation to prevent scams*), they only care about what Russia, Iran, and NK are using it for, or perhaps they only that they think it's all just a blanket scam and then proceed to criminalize holding all types of cryptocurrencies.
*I'm thinking more in terms of the CAN-SPAM act against spam - true, it requires most mailing list publishers to provide a real, physical address (even if it's just a PO Box), but there are mailing lists that can be self-hosted without any address requirements.