Cross-chain mixing works for some purposes, but Putin/Kirchner/Obama's tax thugs and lickspittle corporatists will demand to know the origin of your coins. Which is effectively a whitelisting approach putting the burden of proof on the user to prove their innocence against the presumption of guilt.
Right, what do you do when you buy something with such spent Bitcoins or Moneroj, when they come back and say, "We know you bought such and such with these, because it was shipped to your address. We now need a verifiable record of when and where you bought them, because you now potentially owe capital gains taxes on them."
I would advise everybody to just follow the rule of the law in your particular jurisdiction. :-)
I couldn't agree more. You should definitely always follow the states instructions.
I'm hoping there will be a state or jurisdiction that will embrace crypto, somewhere in the world, sometime within the next few years.
I'm expecting that this hypothetical state would gain a great deal of intellectual immigration and we should see a new "brain drain" from nations that oppose crypto ( not just crypto currency, but as some nations are now considering making crypto that has no back door illegal.)
Either my country embraces freedom and privacy, or I'm gonna be looking for alternatives.
We could establish a state in Antarctica and declare Monero to be legal tender. If global warming actually occurs, it may even have a pleasant climate someday.
