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Topic: [2019-12-26] Binance Blockade of Wasabi Wallet Could Point to a Crypto Crack-Up - page 2. (Read 348 times)

legendary
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the former

Exactly. After Monero getting delisted by exchanges here and there, this move against mixed Bitcoin is somehow a step we should have been expecting. And yep, more like this will certainly come.
member
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it's possible to do perfectly effective coinjoins that are indistinguishable from regular transactions, I've become bored of having to tell people this spectacularly obvious fact

Could you elaborate on this?
sr. member
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Merit: 355


Will 2020 be a year for more regulations especially in the area of cryptocurrency exchange business? I think this is already a foregone conclusion. As the industry is growing by leaps and bounds, there will be stricter rules covering all transactions and of course there will be the classic clash between those who are rooting for more deregulation and those that are actually accepting more regulations in lieu of more recognition from the government and other similar financial institutions. Though labeling is as a crypto crack-up may seems to me like a exaggeration to some degree.
copper member
Activity: 2940
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For sure we will see more companies following the path but it's a waste of time and resources. (it's not only about Wasabi/Coinjoin btw, but it's also the whole problem with tainted coin)
Samourai's wallet has a feature to help in creating decoy transactions. If an exchange monitors the last x transactions then make x+1 decoy transactions to yourself. Anyway, with the Bitcoin development, all this won't be relevant anymore, like people looking to buy "clean bitcoins" at a premium price
legendary
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Do you think they'll be heading towards an unworkable dead end with this or it's the start of something others will try to emulate?
the former

it's possible to do perfectly effective coinjoins that are indistinguishable from regular transactions, I've become bored of having to tell people this spectacularly obvious fact

It's interesting in the sense that Wasabi Wallet coinjoins may be providing "cover" for more discreet mixing efforts. They're an easy mark for the risk-based AML policies that exchanges employ. Less obvious methods will slip by unflagged.
legendary
Activity: 3430
Merit: 3080
Do you think they'll be heading towards an unworkable dead end with this or it's the start of something others will try to emulate?

the former

it's possible to do perfectly effective coinjoins that are indistinguishable from regular transactions, I've become bored of having to tell people this spectacularly obvious fact
legendary
Activity: 2590
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Welt Am Draht
https://www.coindesk.com/binance-blockade-of-wasabi-wallet-could-point-to-a-crypto-crack-up

I've often wondered whether clearly mixed coins would be considered 'hot' and in this case at least it seems they do.

Do you think they'll be heading towards an unworkable dead end with this or it's the start of something others will try to emulate?
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