Oddbean new post about login | logout A fanatic is upset about other fanatics 😂 You must be kidding about the no bitcoin arrests from chain analysis...DNM OGs like this get busted almost a decade later for a single on chain mistake: https://fortune.com/2023/04/14/bitcoin-thief-james-zhong-sentenced-to-prison/ But even worse, peoples bitcoin are blacklisted, and wrongly accused and imprisoned because they are tangentially connected based on chain analysis: https://www.torekeland.com/roman-sterlingov/ https://cointelegraph.com/news/cipher-trace-expert-says-chainalysis-data-contributed-wrongful-arrest-alleged-bitcoin-fog-founder
i didn't say "no" i said "almost nobody" just like tor's 3 hops 3 rounds of coinjoining pretty much wipes out any chance of making a positive correlation blacklisted bitcoin can still be cleaned by applying it to fees because that ends up coinjoined in the mother of coinjoins, called "block fees" i'm pretty sure that at least part of what the ordinals are doing is washing coins that are close to ones that have been marked if you are dealing in big enough amounts of bitcoin to attract this kind of attention it is trivial for you to cover the cost of these processes so there's no excuse for getting caught
That is a single example. Where do you think seized Bitcoin at government auction comes from? Why is there no government auctions for Monero? Do they have any? I guess we would never know "just like tor's 3 hops..." Except that any future mistakes can potentially de-anonymize you. Trading partners can see your balances and trace you. Not only that, but over time any future mistakes from others that participated in your coinjoin rounds reduces your "privacy" and is out of your control. Made evident by people like this paying for a tiny mistake made years later. You don't seem to understand the problem. Almost no user is going to do all these little optional hoop jumping tricks, spend way more money, and waste time to "wash" their coins. The best Bitcoin "privacy"-wizard opsec-gymnast has worse privacy than the most retarded Monero user pressing send. And that is a shame.