Post
Topic
Board Altcoin Discussion
Re: What are the dangers of mixer/tumblers
by
Abiky
on 14/04/2023, 14:06:47 UTC
The Chipmixer issue really is a big blow to the crypto mixer business.
They are one of the top and reputable mixers in this community.
So right now, we don't know how safe and secure they are once the government seized their operations.
You can try other mixers, but as you said, use small funds if it will go thru smoothly.
However, if you don't need this service, why not just use the regular trading platforms for your crypto needs?
Ask yourself, how badly you need the 100% anonymity that you will go thru via mixer services?

Using mixers is a gamble these days. You'll never know when governments will shut them down, or if you could get flagged by the authorities after using them. With crypto being heavily-scrutinized by regulators, we should expect mixers to disappear in the future (centralized ones, of course). Unless crypto/privacy advocates fight for privacy/anonymity, mixers won't be going anywhere soon.

I'd "stick" with non-custodial mixers just to be safe. Some BTC wallets already have built-in mixing features (eg: Wasabi and Samourai) so there should be nothing to worry about. Who knows if governments give up in their efforts to try to take down crypto/Blockchain tech for good? Just my opinion Smiley