Quote from: tmobileguy on July 17, 2014, 08:06:46 AM

As far as mixers,

mixers are not money laundering schemes by default...they are set up to provide autonomy and privacy and have many legal and reasonable reasons to be used....Not all government laws are justified and thus concealing the source of your money, whether from unjust individuals, entities, or government agencies is something everyone should have protection from...So I have no issue with mixers...

But someone who facilitates the commission of a theft, by helping the thief in any way, is guilty of conspiring with the theft...And thats what bitmixer.io is guilty of and that is where mixers go from operating legally to illegally...

Bitmixer admitted that the coins were used by the hacker, and then said that they refused to turn over any logbooks or information about knowing that fact...They didn't just say "we don't have any records anymore", they went further then that by saying that "they would never turn over the records of any client, even in this situation"...

that is admitting that you would be willing to conceal the source of a crime, even if you knew it was taking place and you were party to it...That's illegal, and that is prima facia evidence towards the mindset of bitmixer.io's and how they run their business....

Mixers are fine, but bitmixer.io participated in a crime...and nobody on this forum should endorse that, because this type of criminal activity puts your own coins at risk...not from being stolen but from being devalued...

We always complain the bitcoin security is one of biggest hurdles to adoption, and standing behind a company that helps facilitate that, is hurting your own pocketbook by slowing down the process of mass adoption of bitcoin....

+1000
"mixers are not money laundering schemes by default" - exactly. But if you choose to operate them as a money laundering service, then they become a money laundering service.

"that is admitting that you would be willing to conceal the source of a crime, even if you knew it was taking place and you were party to it...That's illegal, and that is prima facia evidence towards the mindset of bitmixer.io's and how they run their business...."
Exactly.

"Mixers are fine, but bitmixer.io participated in a crime...and nobody on this forum should endorse that, because this type of criminal activity puts your own coins at risk...not from being stolen but from being devalued..."
Absolutely. If bitcoin community if all stories of theft, blackmail and money-laundering, who the f*&k will buy into it other than more criminals?? It'll massively damage bitcoin in the long run.

"We always complain the bitcoin security is one of biggest hurdles to adoption, and standing behind a company that helps facilitate that, is hurting your own pocketbook by slowing down the process of mass adoption of bitcoin...."
You got it all here. Best post on this topic. At least someone get's it.