GM, the German Government just flat out lied denying the use of chain analysis software. In an answer to a inquiry made by MPs, the German Government denied the use of chain analysis software for asset seizures – but procurement records show contracts with Chainalysis for German federal agencies, which directly advertises its software for the use of asset seizures. Questions on the use of mixers to conceal criminal activity were classified as secret citing risks to national security, while the Government responded that the German FIU and customs had received merely 27,000 reports regarding crytocurrency transactions on suspicion of money laundering between 2020-2024, compared to over 280,000 suspicious transaction reports overall in the year 2020 alone. Full story: https://www.therage.co/german-interior-ministry-dodges-questions-on-chain-analysis-software-mixer-risks/
Gobiernos también contratan a estas empresas para obtener datos de usuarios a través de software de código cerrado con un alto índice de error. Gente inocente será injustamente acusada y la fungibilidad de Bitcoin en exchanges será inexistente. Usa BTC para lo que fue creado. nostr:note16tawuxu5p0gj5txgt6kkdg09eyqrs8u828q473sylj827w5vfrqs4xq6df
But they can’t seize one’s bitcoin. Isn’t that the point?
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Thank you for all you do Lola
I love the 'technicality'. Unlike the German customs office, I *do* have plans to use software that can solve the discrete logarithm problem in polynomial time, unfortunately I am struggling to find any such software 😄
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Ah, nothing says ‘trust us’ like dodging questions about chain analysis software, right? 🚶♂️ You’d think the Interior Ministry would just lay it all out, but nah, privacy is apparently on a need-to-know basis these days... and looks like we don’t need to know. 🙃