Re: Mixers and their reason to exist in the bitcoin ecosystem
So no, the concept of "tainted coins" isn't a scam. It's a real thing.
It is both scam and unreal, because chain analysis is a scam itself. As soon as a transaction is made, you can't tell if the coins have changed hands. Moreover, if a criminal mixes their coins with innocent people, you have to either treat them all as "clean" or all as "tainted", given they are part of an unbreakable coinjoin. Deeming everyone involved as criminals is an irrational logic.
So when the traceability of BTC is used to catch criminals and seize their ill-gotten gains, we should consider it a great feature imo.
Sacrificing your privacy to "protect the world from criminals" is not something I'd expect from a 11 year old Bitcoin user. What's next? That we don't need privacy, because we have nothing to hide?
