Post
Topic
Board Bitcoin Discussion
Re: Blockchain Analytics is More of an Art Than Science
by
o_e_l_e_o
on 04/09/2023, 05:25:12 UTC
What do you expect these companies to do
Not exist in the first place!

They obviously aren't going to say no to governments because governments are their biggest customer. They exist precisely for governments, so they can present made up findings filled with inaccuracies as the "evidence" the government wants to prosecute individuals they've decided they want to prosecute, regardless of any actual guilt or wrongdoing.

What should really happen is that blockchain analysis companies go bust and disappear. If we all stopped using centralized exchanges and used bitcoin properly peer to peer as it was designed, that removes a big chunk of their cash flow. And now we need to fight back in courts and prove as we've seen above that their entire analyses are so flawed that no one should take them seriously for any purpose, certainly not for a criminal trial.

If we keep throwing crap at it without giving it a spin first, how will we get to the point that we're eager to achieve?
The point we want to achieve is for everyone to realize blockchain analysis is provably nonsense.