2020-09-21 at 6:50 AM UTC
BTC is not anonymous and the transactions are on public display, coinmixing claims to solve this by obscuring the origin of the funds but i cannot understand how this is done.
If the funds are exchanged to and from a bunch of diferent accounts and this transaction is public record, cant someone see exactly the new BTC address the funds moved to? if not, how the fuck do your bitcoins reach your new wallet in the first place?
2020-09-21 at 7:06 AM UTC
Sudo
Black Hole
[my hereto riemannian peach]
It's a scam to get a small percentage. It's no more anonymous than sending it to an exchanges hot, dynamic wallet, then sending it to another wallet in smaller transactions. That's basically exactly what it is but you can do it yourself.
By that I mean send me your bitcoin and I'll make them nice and anonymous for you.
2020-09-21 at 7:14 AM UTC
That is what i figured all along, its all a pile of shit, i had a feeling the articles i read were incoherent gibberish but i wanted to make sure it wasnt just nerdspeak first.
to get bitcoin you actually need to give your photo ID and a bunch of other personal shit even my bank doesnt ask for, but people push this shit as some anonymous libertarian revolution?
holy god what naive fucktards.
