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Topic: .Govs Now Want to Come After the BTC Mixers (Read 1386 times)

hero member
Activity: 2128
Merit: 524
February 02, 2017, 01:25:50 PM
#29
When the govs shut mixers down,we shall use XMR to mix the coins!Privacy ftw!
Shut down? How? Mixers can make new deposit addresses every week and they'd have to keep track of them. I could be mixing coins in casinos for people and I wouldn't need my own server room or registered domain to do it.
hero member
Activity: 1134
Merit: 517
February 02, 2017, 11:06:58 AM
#28
The BTC mixers are an important part of financial privacy IMO.
(You see, it's always about the terrorists and criminals...)
The government will be seeing it about the criminals or terrorist tools.  Roll Eyes
Nothing is good for the government about the unregulated things.

This is true. I just wish they'd finally step in and ban fiat (dollar bills). I've seen people buy things with it in the past (passing cash from one to another) so it needs to be banned IMMEDIATELY.
Honestly they won't! Their issue with Bitcoin goes beyond their claim it is used for illegal activities. They are simply afraid, Bitcoin if allowed to flourish, would spell doom to fiat currencies and that happens to be the main source of their controlling power, albeit enslaving people. They simply cannot Bitcoin, therefore it must be criminals that uses it Huh  Huh  Huh
newbie
Activity: 45
Merit: 0
February 01, 2017, 07:40:00 PM
#27
When the govs shut mixers down,we shall use XMR to mix the coins!Privacy ftw!
legendary
Activity: 1442
Merit: 1025
February 01, 2017, 04:30:56 PM
#26
I doubt that they can make all bitcoin mixers disappear. Maybe on clearnet. But on deepweb, thats a different story. But this is serious problem. Terrorist can make bitcoin their bridge to funds their arsenals to use against us. I dont think it can be stopped. The only way is to ban bitcoin.
That is true, for a long time bitcoin has been related to deep web since drug dealers and hackers use it to accomplish their businesses without being tracked down, but if you look closely you see that fiat is also being used for these things and nobody is taking about it, everything has its bad and positive thing it just depends on the person that is using it and the reason he is using it for.
legendary
Activity: 1526
Merit: 1179
...

"Terrorists and Criminals"

The always-convenient excuse by the governments to clamp down on our freedoms.  Look here for what the European Commission is proposing re cash there in Europe:

http://www.zerohedge.com/news/2017-01-27/europe-proposes-restrictions-payments-cash

Yep, terrorism is just an excuse for their idea...  TAXATION and SOCIETAL CONTROL are the real reasons.  Plan accordingly.
Only priority for governments is indeed that people pay their tax, plus that they know what level of wealth you have. All other things are just sloppy excuses.

It's well know that the far majority of the Bitcoiners aren't willing to declare their holdings to their local tax agencies, and rightfully so. But the results are more severe sanctions in the coming years.

If we don't bring the money we "owe" the governments to them, then they will come and get it by force. Every potential Bitcoin related services will be subject to this barbaric practice where they just look to nurse their hunger for control.

So yes, mixers are a crucial part of achieving freedom. And exactly that is what governments don't want you to have. They just want everything to happen within their system so we can continue being a slave of the governments.
hero member
Activity: 1148
Merit: 500
I doubt that they can make all bitcoin mixers disappear. Maybe on clearnet. But on deepweb, thats a different story. But this is serious problem. Terrorist can make bitcoin their bridge to funds their arsenals to use against us. I dont think it can be stopped. The only way is to ban bitcoin.
legendary
Activity: 910
Merit: 1000
The BTC mixers are an important part of financial privacy IMO.
(You see, it's always about the terrorists and criminals...)
The government will be seeing it about the criminals or terrorist tools.  Roll Eyes
Nothing is good for the government about the unregulated things.
Yes and it is mean bitcoin is not good too because of unregulated
so I think there are not good for government about bitcoin and related it
especially bitcoin mixing service,
 if everything are bad i think digital coins is not suitable for government although blockchain technology is not suitable for government too. Cheesy
legendary
Activity: 1974
Merit: 1007
The BTC mixers are an important part of financial privacy IMO.
(You see, it's always about the terrorists and criminals...)
The government will be seeing it about the criminals or terrorist tools.  Roll Eyes
Nothing is good for the government about the unregulated things.

This is true. I just wish they'd finally step in and ban fiat (dollar bills). I've seen people buy things with it in the past (passing cash from one to another) so it needs to be banned IMMEDIATELY.
U2
hero member
Activity: 676
Merit: 503
I used to be indecisive, but now I'm not sure...
...

A global conference in Qatar (there's some irony) on "misuse" of digital currencies is looking to shut down the BTC mixers:

http://bravenewcoin.com/news/wgvc-focuses-on-the-misuse-of-digital-currencies-by-criminals-and-terrorist-financiers/

The BTC mixers are an important part of financial privacy IMO.



(You see, it's always about the terrorists and criminals...)

It was pretty obvious that because the world spends billions and billions on anti money laundering anti terrorism anti whatever that they would want to shut down the most obvious bitcoin mixer which the only use is to launder your money.
hero member
Activity: 840
Merit: 520
Can they make all bitcoin mixers disappear? I dont think even they can kill all mixers on internet. Theres still available mixers on deepweb. Terrorists can still use it to stay anonimous. Maybe they should go to cryptocurrency. If they ban all cryptocurrencies. Problem solved. But its another fight thats very tough to win. Its government against the world.
sr. member
Activity: 399
Merit: 250
Even if governments compromise the operation of BTC Mixers, users may find other alternatives. I think in the future there will be the possibility that solutions will be developed in Bitcoin sidechains to make transactions more anonymous. From the information I have, through sidechains, many of these features that are seen in anonymous cryptocurrencies may be possible in the Bitcoin network.
legendary
Activity: 1302
Merit: 1018
Cashback 15%
Now this is really a bad news for those mixers  out there its either anonymous or not but i believe those non-anonymous mixers should be ready on this in my own view.Government is already making steps on shutting them down because they saw that those mixers could help the anonymity of transferred coins even more,therefore they cant track if someone uses mixers.
copper member
Activity: 1050
Merit: 500
...

"Terrorists and Criminals"

The always-convenient excuse by the governments to clamp down on our freedoms.  Look here for what the European Commission is proposing re cash there in Europe:

http://www.zerohedge.com/news/2017-01-27/europe-proposes-restrictions-payments-cash

Yep, terrorism is just an excuse for their idea...  TAXATION and SOCIETAL CONTROL are the real reasons.  Plan accordingly.

It can be both Smiley.  But well I guess it is more on taxation and societal control, but giving the benefit of the doubt, it is still hard for them to track down criminal and terrorist  even if mixers were shutdown, it had been their battle ever since and yet they failed miserably again and again.  This is just an excuse to their failure, pointing blame to things that were just recently created to hide their incompetence.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
sounds interesting to see if the .govs can reach every bitcoin that in the btc mixers and i wonder how they do to pursuit the amount. i think its a good news for bitcoin and bitcoin user because .govs can help bitcoin to clean the illegal activity and .govs can convinced to other people that bitcoin is a safe new investment.
hero member
Activity: 2198
Merit: 847
It's different what they want and what will happen. They have no chanse to close bitcoin mixers, every govermant wants to close torrents but as we see there are still many torrents and also there are many leaks but everything continues normally.
Well, bitcoin mixers highly protect privacy, they have tor linked websites and also I believe their servers are in offshore or in poor and alone country.
legendary
Activity: 2912
Merit: 1852
...

One of the things the .govs may try to stop (or slow down) BTC is by controlling the "entrance and exit ramps".  Perhaps by banning BTC ATMs for example.  Banning banks & merchants from exchanging BTC for cash is another avenue of attack...

While it would be extremely hard for .gov to KILL Bitcoin, they might be able to make it less private (they hope anyway) and inconvenient to use.  That might accomplish their goal.

The mixers, again IMO, are a key to BTC freedom.
legendary
Activity: 1540
Merit: 1003
A global conference in Qatar (there's some irony) on "misuse" of digital currencies is looking to shut down the BTC mixers:

http://bravenewcoin.com/news/wgvc-focuses-on-the-misuse-of-digital-currencies-by-criminals-and-terrorist-financiers/

The BTC mixers are an important part of financial privacy IMO.

There are many things before they close or shut down the btc mixers, I think that deep and dark market places are more important to investigate rather than bitcoin mixers.

There aren't much bitcoin mixers but these mixers are also good for privacy and not only for an easier way to use bitcoin by criminals.
legendary
Activity: 2618
Merit: 1103
I hope they don't push through with it, like you said, it is indeed a necessary financial tool for people to remain anonymous regardless of whether we are using it for illegal or legal activities. But, I don't think they can stop it. There would be a service if there is a demand for it. They'll just hide in the darknet away from prying eyes.
They can do whatever they want and still won't achieve much. Fighting windmills is all they'll be doing, just like their fight against torrent sites. It's been ongoing for years and still if I want to download something from a torrent site it will take me minutes to find and less than an hour to download (couple GB file).

“Their use is expected to increase exponentially in the coming years. And understandably so, since they improve payment efficiency, reduce transaction and fund transfer costs, while facilitating international remittances.”

At least they confirmed it  Grin It's time to buy!
hero member
Activity: 658
Merit: 500
I hope they don't push through with it, like you said, it is indeed a necessary financial tool for people to remain anonymous regardless of whether we are using it for illegal or legal activities. But, I don't think they can stop it. There would be a service if there is a demand for it. They'll just hide in the darknet away from prying eyes.

I also don't think they can stop this, as long as their is demand for a service, there will be someone providing such service. Okay, what would they now do with tokens like Monero, Zcash and co. ban all of them or what
hero member
Activity: 882
Merit: 506
I hope they don't push through with it, like you said, it is indeed a necessary financial tool for people to remain anonymous regardless of whether we are using it for illegal or legal activities. But, I don't think they can stop it. There would be a service if there is a demand for it. They'll just hide in the darknet away from prying eyes.
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