Thank you for that response QuantPlus. Now that we have a solid foundation on that matter I want to have it end in this thread. It is clear that there are strong opinions about ripple being a scam or illegal, but the company is easy to find and if they are breaking the law the regulators know how to get ahold of them. Now let's shift the focus back to TF, the central character in this OP.
Can anyone tell me who, other than a money launderer, would need to mix their coins?
Everyone who values their privacy. For example if you want to buy porn and don't want some cyberstalker to send a list of sites to your mother.
Yea, if you afraid to buy porn you probably shouldn't be looking at it. Real men are not afraid to buy things that might be embarrassing to a ten year old.
If you want anonymity, buy it with cash. Bitcoin is not anonymous. Every transaction is recorded in a public log.
Real men who happen to be gay in that situation in some countries run a real risk of being killed. Take your self important attitude and fucking stuff it you twerp. The world doesn't exist in an American centric bubble.
While bitcoin is not anonymous, it is private and that does have very real positive applications. The ability to anonymize yourself also has great utility. Now, if you want to convince yourself that money laundering is indeed a crime, you can go ahead and stay in your little mental midgetry of course. No one will stop you but as far as victimless crimes and capital control issues go, money laundering is certainly anti-freedom. Shucks, it's too bad that bitcoin will help your local weed retailer evade the police but I guess you have a real hard on for busting drug vendors...like liquor store clerks?
Whatever, anyhow, that's not even the core of the argument. The core issue here is having the freedom to undertake personal wealth management free from capital controls. The drug thing is just one example among many of crimes that aren't crimes and technologies like bitcoin facilitate anonymity that allows people to get out of the government crosshairs. Whatever you think of drugs, sex for cash, homosexual people or who knows what, you're basically complaining that bitcoin and mixer services might stop your moralistic idiocy from holding some sort of sway over people.
Well boo fucking hoo. It's just so sad that people might be able to find a little freedom for once huh?
GAH@!(*^@!@