In the US, you have Coinbase monitoring your transactions and cancelling accounts if you spend BTC at a gambling site, buy cannabis seeds, or do whatever is deemed unacceptable by the gov.
Is this true? If it is, are they just monitoring transactions out of Coinbase (Coinbase->dice) or further (Coinbase->wallet->dice)?
I can confirm with 100% certainly they monitor what you are doing and ask questions not just transactions out but also transactions in.
I don't know specifically what blockchain analysis they are doing, how far down the chain it goes, etc.
There are reports (which I can't confirm) of false positives on allegedly suspicious BTC activity which suggest they are looking more than one hop.
Ok, that should certainly be very good for XMR. There's something very wrong and evil in Coinbase's actions...two or three years ago, no one would have believed there will be something like this in the future. Sometimes I don't like the way bitcoin is developing.
Agreed.
Coinbase checking on your transactions? Traceable digital currencies with linkable transactions? Centralized exchanges and marketplaces?
Timothy C. May had a dream that was crypto. This is not it.
Bitcoin is becoming something like digital gold. XMR is bringing the world true digital cash.