It seems some of the Silk Road users are just putting their coins on an exchange, buying DRK to then anonymize, then buying back BTC.
Do they not think an exchange can be subpoenaed? The won't have to speculate and solve a blockchain, they can just say "give us the records or be shit down" and what do you think the exchange is going to do?
Can't fix stupid. There is no point in talking to these people. They think they already know everything. Let them learn the hard way.
OR at the least, why pay exchange fees twice when you can just buy the DRK and use it instead of.... Oh nevermind, why do I bother...
Frankly, adoption is premature... There will be complaining and trolling as development continues and new features upset the apple cart now and again...Camosel, the process is actually longer than that... if you read the posts, the dealers are:
1) Acquiring Bitcoin
2) Sending the Bitcoin that they want "laundered" to an exchange
3) Exchanging Bitcoin for Darkcoin using an anonymous account that doesn't link to them
4) Sending the Darkcoin to a local DRK wallet for anonymization
5) Sending anonymized Darkcoin to a different exchange
6) Exchanging the Darkcoin for either Bitcoin or fiat that now cannot be traced.
In this way, the source of the funds is not clear to the second exchange and there is no way for them to link it back to the marketplace. And it costs them about 1% in exchange fees and transaction fees (vs. 2-3% for a tumbler service which is less secure anyway). So even if both exchanges were subpoenaed, law enforcement wouldn't be able to link the transactions. Pretty smart workaround if the exchange won't support DRK if you ask me. They still need to explain where they got all the money from if they are doing this in high volumes of course, but that's something they have to deal with on Bitcoin anyway. This just makes the anonymization easier and less costly.