I was discussing the teleporting with someone and their point was that for a large corporation, doing payments through an off-blockchain intermediary like coinbase or bitpay essentially performs the same obfuscating function as teleporting. To what extent is this argument flawed?
Don't those companies just do btc -> fiat though?
what if you want btcd->btcd? (or crypto->crypto in general)
well, i would guess the question applies to any off blockchain intermediary. wiley coyote biodev ltd wants to use 50000 btc on a nanotech push lasting 3 months and doesn't want elmer fudd labs to see the r&d expenditures, plankton wafer purchases, etc. If it all moves through a couple coinbase wallets, how do outside eyes see it?