Quote from: bettercrypto on October 21, 2023, 02:47:52 PM

Quote from: southerngentuk on March 28, 2023, 01:35:53 PM

Bitcoin mixing (Bitcoin mixing or Bitcoin tumbling) is a technique used to hide the identity of Bitcoin users. When using Bitcoin, transactions are publicly stored on the blockchain and can be tracked by anyone. The use of Bitcoin mixing helps to mask users' Bitcoin addresses and makes it harder to track transactions. However, the use of Bitcoin mixing can also be used to launder money and the funds are used to fund illegal activities. Therefore, the use of Bitcoin mixing completely depends on the intended use of the user. If used correctly, Bitcoin mixing is not money laundering.

And unfortunately our behavior is at the root of the problem, I find that people love to blame products when it is the user who is responsible for that behavior. What I find funny is that the law enforcement agencies keep pretending that they only see the wrongdoing of these products and blame it.

Well, to be honest, as far as I understand, If you look at him literally, the mixing of bitcoin actually hides the identity of bitcoin users and hides their addresses to make it difficult to see them. That means he can really be used for money laundering.

In short, it depends on the person holding the bitcoin, or it depends on the motive or intention of the person holding the bitcoin. I'm not saying that everyone who uses Bitcoin mixing is doing money laundering; that's not what it means. Maybe someone else is actually doing it.

You are on point my friend, human beings are too desperate and hellbent and they use any available loopholes to perpetrate their deeds. Bitcoin itself is good, and so is the mixing of the coin (after all, it enhances privacy and anonymity where the primary design of the coin could fail).

The 100% of the people who use mixers can't be using them for evil, yet most might be, and we can suspect that with the cracks by various governments so far.

People are actually using it to perpetrate their evil, regardless, we can't blame the coin, neither can we blame the mixers, let the deeds of those who use it judge them for whatever thing they use it for (good or evil).