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Re: Mixers to be banned
by
LoyceV
on 17/04/2024, 09:02:54 UTC
The top 4 pools as we speak mine about 75% of the blocks. This means that even if 4 pools started censoring transactions based on federal orders, there would still be 1 in 4 blocks that would ignore all the censorship bullshit.
What happens when they decide to ignore any block containing a blacklisted transaction?  Lips sealed
Realistically, I think it will lead to a chain reorg and the block disappearing again. Ideally, it should lead to a Fork, in which the majority of Bitcoin users chooses the chain without censorship as the real one.

the new law is different.

if I mine 10k and take it from say viabtc on may 1st I have two weeks to file a special form. or a felony and s committed.
What if you solo mine a block? Are you supposed to declare who paid you $400k? Would they want a name?

Quote
too small to self mine and simply report kyc on me.
Like: "I, philipma1957, created this money out of thin air"? Weird laws!