Post
Topic
Board Wallet software
Re: WasabiWallet.io | Open-source, non-custodial Bitcoin Wallet for desktop
by
so98nn
on 30/11/2023, 17:35:30 UTC
@Kruw, I advise you to look at this topic: https://bitcointalk.org/index.php?topic=5446635.msg63029331#msg63029331

The regulators are seeking to make all forms of cryptocurrency anonymization illegal (whether that be a mixer or a coinjoin or even whole coins like Monero).

What the heck? Is it for real. How come mixers will stay in business if they are anyway going to make everything anonymous into non anonymous. Lolz. In fact this can have proportionate effects on Bitcoin ecosystem too. The whole point of having crypto currency is to be owner of your assets/money, transact without any paper trail and simply be modest about your identity. I am not sure if it is mixer services that are aggrevating the regulators to reform the rules and regulations OR is it seeding activity that is being built under the name of terrorist fundings?

Pmalek and WIND_FURY, your choice to lure people into depositing their coins into a "Mixing Site" has led to their data being turned over to the government
Using a mixer isn't illegal. Mixing coins isn't illegal. Advertising a mixer isn't illegal. Hacking, scamming, or stealing money from people is illegal. Trying to hide the traces and history of illegally obtained coins isn't allowed, regardless if it's with a mixer, coinjoining, or any other techniques. Even if you get paid for services you provided with illegally obtained funds, it isn't your fault, unless you knew about it and agreed to receive such coins. You can literally have money in your pocket right now that has the worst kind of history you can imagine.

Regarding the data. Using mixers through clearnet sites was never recommended. That should always be directed through TOR.
Like I said, the use of a mixer isn't illegal. The only people who need to be worried are those who mixed coins that originate from hacks or other illegal sources.   

Let us just hope that those who are making rules and regulations understand our way of defining what is illegal and what legal. In the upcoming days we might have rules made out of dictionary. How much time it will take them to define mixing coins is illegal? Under the name of money laundering they might just close down all of them OR might start asking for KYC. Lolz. That crush the whole purpose of using those services.