Exchanges, services, and other exchangers do not revolve around bitcoin alone. You speak from the point of view of a bitcoin maximalist, but I am used to evaluating absolutely the entire crypto industry, especially that part of it that has real utilitarian features, and not just speculation.
How do you evaluate a cryptocurrency? I don't want to be called the Bitcoin maximalist, I feel more like an altcoin opposist, but I want to be as objective as possible. To me, a cryptocurrency is valuable if it fulfills
at least the following criteria:
- It's decentralized, permissionless, censorship-resistant and robust.
- The network can continue working without a company or an organization.
- There is no premining.
If you follow those standards, then you'll find less than five valuable cryptos.
Shouldn't you be offended and recommending to avoid it?
Indeed. I should be doing that. Thanks for pointing out, and I'm honestly concerned how I hadn't done my self-criticism about that yet. It's easier to pinpoint strangers' mistakes than ours, apparently. I'll be resigning the signature campaign at the end of this week.
My morals are worth more than that.
What difference does it make to the victim who lost all their money?
To the person who lost their coins, none. To the person who still uses it to gain privacy, it says a lot. Centralized entities frequently face shutdowns, which is precisely why we have bitcoin in the first place. Yet, the very act of confiscating them demonstrates that these entities are indeed useful.
Har har, the same could be applicable to mixer that, eventually, bows and scrapes before government's whims and wishes.
Do what you want with your money. The fact is that a mixer (or at least, a good mixer) is a service specifically designed for that purpose. It guarantees you privacy.