Oddbean new post about | logout
 It's kind of concerning to be honest. 

For example,  the major BINANCE  hack that saw like $320m of BTC being stolen. This *can* be traced on the blockchain, because it's transparent and records all txns. 

Thus, if somehow, you ended up with *some* 'dirty' bitcoins, and you tried to move it to a CEX like Coinbase,  then it's highly likely those "coins" would be sanctioned on arrival.

Unlike money, BTC carries its history.  




nostr:nevent1qqsxcjca3gwp54pdrkyxghhhuhkdgr93j5az7vax9k6zw6zy55rjrsgpr9mhxue69uhkummnw3ezuum0weexwm3wvdhju7np9upzpn0vcvwxm9qxaxnadvqxwsf25esan5cusq6u8lt9cp3sr5w2cwujqvzqqqqqqywwt76u 
 Coinjoins help by adding deniability  
 yeah, so does 'mixers'

I mean, people find a way I guess. But it's still "traceable" via the blockchain itself. 

I suppose it's really about putting as many txn between you and the coins, then also not using KYC CEX