Post
Topic
Board Wallet software
Merits 5 from 2 users
Re: WasabiWallet.io | Open-source, non-custodial Bitcoin Wallet for desktop
by
PrivacyG
on 26/11/2023, 14:17:49 UTC
⭐ Merited by o_e_l_e_o (4) ,vapourminer (1)
OK, let me ask you something. Is there a way for blockchain analysis companies to know if a transaction went to, or came from a mixer/CoinJoin?
I think almost any body can distinguish between what is a normal versus a Coin Join Transaction and separate the two with almost no prior research.  Mixed Coins, I do not think they are as easy to distinguish from normal Transactions unless BA finds they come from sources such as Wallets of the Mixing companies.

But that's precisely my point. It could build a separation between "tainted" Bitcoin and "clean" Bitcoin, and that could make people value them dfferently. Currently we're not in a "taint-aware" world, but the shower-thought - "What if wallet software developers start implementing alerts that will warn users that they are about to receive "tainted" inputs"? I believe for users like us, we know it's absolutely BULLSHIT, but that won't be the situation for newbies and normies who merely want to use Bitcoin for "coffee transactions".
I see where you are going with this and I do partially agree.

However there is a separation in the user base.  There are people who only really care about Bitcoin for money and nothing else.  Then there are users like us who care about Bitcoin itself.  The people who only care about money would do any thing that stands against Bitcoin because they do not care.  They are not even aware they are hurting Bitcoin nor would they care much if they would be.  They would Know Your Customer their Coins, they would hold them in a Custodial Wallet and they would give personal information to 100 different parties for a few Shit Coins worth nothing.

So let them use the shittiest Wallets available if they want to do zero research.  Know it alls who give no shit about Bitcoin or what they are doing are not Bitcoin users to me and not a priority.  They are not going to care if you tell them taint is B S as long as their 'untainted Bitcoin' will get them more money to buy beer.  They are NOT going to use their Bitcoin for day to day Transactions!  They are going to withdraw their Bitcoin to Fiat, because Fiat is still the only real Currency to them, and they will use that instead.

We are still the users who use Bitcoin in the real world.  We are using Bitcoin so we do NOT use the stupid Fiat any more!  If there was no Blockchain Analysis then Wasabi, Monero and every other Coin or Privacy technique out there would make no sense to use.  It would be like about a decade ago when every body was spending Bitcoin without caring whether some body else spies over their Coins.

But we do have Blockchain Analysis and it makes things different.  I have HUGE doubts there will at one point be ONLY Wallet Software that implements alerts about 'Tainted Coins' available.  I can not imagine Bitcoin Core or Electrum ever pulling this out.  If they did, we would immediately have alternatives created by developers who care.

We already have such 'Wallets' today anyway.  Binance does not warn you about it, they straight up seize your Coins!  Is that not fun?  To all the many thousands of Binance users who continue using their service it seems it is!  Why would I care again?

So let them be.  Why would I care about the Coins of the people who do not care about Bitcoin.  It is or was their responsibility to research.

The problem is if this Tainted Coins narrative works for every body though.  Normies who want to use Bitcoin FOR coffee will most likely find this Forum.  Now think about all the Bitcoin Talk members who, even though they do not understand why and how we should use Bitcoin, read our posts hundreds of times and in order to fill their Signature Campaign posting requirements started to preach what we do.

Normies who want to use Bitcoin FOR coffee will quickly find out distinguishing two Bitcoin is nonsense.

Have you ever seen one of these movies where the Rich are separated from the Poor and they use different Currencies, they have two different kinds of societies et cetera?  That is how things will go in the future with Bitcoin.  Bitcoin users who agree with Taint out of lack of care and get their Coins seized at any corner for spending suspiciously much on candy and Bitcoin users who will be like us using whatever method we can to hide from BA bull shit, who will still have their own Coins in their own non Custodial Wallet no body can touch.

If we have to be segregated so be it.  As long as I have my own way and I can continue spending in a free way with you, o_e_l_e_o and any body else on Bitcoin Talk with no body else spying on us then I am fine with that reality.  Kruw is trying to taint that reality for us too and is trying to fool us into thinking the other side of users who do not care and agree with Taint is better.