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Bitcoin Unable To Provide Privacy, Attracts FED and IRS Heat, FinServices Cave Demands
- Subject: Bitcoin Unable To Provide Privacy, Attracts FED and IRS Heat, FinServices Cave Demands
- From: grarpamp at gmail.com (grarpamp)
- Date: Mon, 21 Nov 2016 21:31:51 -0500
- In-reply-to: <[email protected]>
- References: <CAD2Ti28YfgT58zby3ohPttvLAW=RjDvCLry=UekwWVz7LsXP7w@mail.gmail.com> <[email protected]> <[email protected]>
On Mon, Nov 21, 2016 at 6:32 AM, John Newman <jnn at synfin.org> wrote:
> Gotta tumble those coins !
The degree of unlinkability achievable with bitcoin
tumbling is not as high as people might think.
Lots of papers on that.
Plus other hurdles...
- Exchanges ... logs, fees, account locking (theft)
- Tumblers... logs, fees, risk of theft
- Joinmarket, the only operational, p2p, self contained
in network method, in existance... has some issues too.