Post
Topic
Board Bitcoin Discussion
Re: 5,000 BTC from Satoshi-Era Wallet Moved
by
o_e_l_e_o
on 31/08/2022, 07:56:02 UTC
Whoever moved these ~5000 BTC took these dust transactions or small value transactions too. Is this ok?
The whole point of a dust attack is that the attacker hopes that people will spend/consolidate dust outputs from two or more different addresses together in the same transaction, thereby providing a high degree of certainty that those two addresses are linked together and owned by the same person or entity. Since the transaction you linked spends many dust outputs all from the same address, then there is no privacy leak here and the attack gains no knowledge about any other addresses this person/entity owns.

You can't do anything you want "without any input or interference from third parties" not in the real world, only in your imaginary bitcoin land maybe.
If the user in question here wanted to move $100 million in fiat from one bank account to another, how much paperwork do you think they would need to fill in for their bank? How many people would they need to speak to and get permission from first, both at their bank and the receiving bank? How many third parties would need to sign off on it first? Now consider the same situation in paperwork. How much paperwork did this person have to complete before making this bitcoin transaction? Exactly zero. And how many third parties did they need to speak to and get permission from first? Exactly zero.