Post
Topic
Board Bitcoin Discussion
Re: Will blockchain survive the crackdown on mixers and anonymization?
by
philipma1957
on 09/05/2024, 21:54:36 UTC
In the first place — why would 'blockchain' not survive? Blockchains will work totally fine without mixers and coinjoins and stuff. I'm all for privacy, but everyone simply isn't interested in it whether we like it or not. Only a minority cares about self-custody and being self-sovereign; a lot of people just want to use it just as an investment/hedge.

And yes, even without privacy, Bitcoin and blockchains would still be useful, just as these are still very useful today despite privacy being very minimal.

they lose a lot of value if your tx can be blocked and frozen.

I am in country x it is invaded by country y I flee  go to country e.

the winning invading country (y) asks for the tx to move my coins be frozen.

my only crime was living in a losing country (x)