Are Bitcoin Mixers Going Quiet? | Crypto Craft

  • Are Bitcoin Mixers Going Quiet?

    From cryptobriefing.com

    Coin mixers were once a popular solution to Bitcoin’s imperfect privacy features. Bitcoin uses pseudonymous addresses, which reveal key data such as transaction amounts and destinations. That doesn’t reveal user information, but analysts can piece together who owns each address by looking at how Bitcoin has changed hands. That’s where coin mixers (or tumblers) come in. For a fee, coin mixing services will allow you to deposit Bitcoin that has been “tainted” by past activity. Once you make a deposit, you’ll receive “clean” Bitcoin in return. They may sound legally risky, but they’re also widely-used ... (full story)

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vanillaice
Aug 7, 2019 5:28pm
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Probably a good thing if they would. That way the old farts will stop barking about how it facilitates nefarious activities and blah blah blah. The more legit this whole thing gets, the closer to the moon we go.
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cryptocow
Aug 7, 2019 5:26pm
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It sounds like Monero is making Bitcoin mixers mostly obsolete.
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