Cryptocurrency mixing services do more harm than good to blockchain technology

[Sanugarid]

Such services are widely used by scammers such that they do not get traced.

have you performed any research and came up with statistics that told you scammers are using these services or is it just your personal guess?

There's no way that you can find a data regarding with that, coz everyone literally everyone can mix their bitcoins without registering. A common guess for mixing is that this kind of platform is the exit gate of the scammers to avoid being traced or tracked so obviously they are using these services. Without even thinking so much about it, there are and there will be scammers that will use mixers.

Do you think mixing services are harming the adoption of the technology ?

no, but i am more curious to know why you think they are doing "more harm than good" since you only explained how the mixing process works and forgot to come to a conclusion that you placed in your title.

Yeah, I also wonder if he forgot to include what he really meant by his post, I didn't find that on read. But honestly having a disadvantage is not a hindrance in adoption, everything has its own disadvantage so it happens to be this one on the mixers. I don't find any harm to it than being used by scammers to wash the stolen funds, I mean they gotta do what they gotta do.

[stompix]

Without even thinking so much about it, there are and there will be scammers that will use mixers.

Really not the smartest thing to do.

A common guess for mixing is that this kind of platform is the exit gate of the scammers to avoid being traced or tracked so obviously they are using these services

The exit gate of scammers are never mixers, hey exit the market when cashing out into fiat, and this is where the so-called KYC and AML and all other bs could stop this, but instead they are used just to scam normal users of a few satoshis when they can't provide a thousand and one proofs.

Everyone tends to forget that in order for a scammer or a thief to use a mixer first he must commit a crime, a scam, a theft, people should be focusing on preventing those to happen in the first place rather than targeting things which the scammer might not even use in the first place.
Just as you don't ban cars to stop thief fleeing after a theft they should focus on what's more important.

First, many people stated that Bitcoin is harmful because it is used by many terrorists

Oh lord, seriously?

[o_e_l_e_o]

and this is where the so-called KYC and AML and all other bs could stop this

I don't think KYC could stop this, even if was being primarily focused on stopping this rather than exchanges just covering their own backs.

KYC makes it a little more inconvenient for scammers to cash out, sure, but if you are scamming several thousands dollars then you can definitely afford to buy some fake documents on the dark web for <$100. Hell, you don't even need to use the dark web, as you semi-regularly see people on this forum and other sites offering to sell their own documents, verify accounts, pose for selfies, whatever, for a small fee. Remember of course that scammers and money launderers have been cashing out fiat for decades without getting caught, and can use all the same tricks when cashing out bitcoin - money mules, gift cards, wire transfers, etc.

[stompix]

and this is where the so-called KYC and AML and all other bs could stop this

I don't think KYC could stop this, even if was being primarily focused on stopping this rather than exchanges just covering their own backs.

It could stop it if all the players would act as they should, but a lot cheat.
To cash out from an exchange you don't need just the selfie, you also need a bank account with that name, you need to get the money out of that bank account if al the banks would really employ KYC and AML policies this would become harder and harder and what's more important, far costlier for a thief to do so.

But yeah, when there are people acting knowingly as mules, selling the usage of their bank account knowingly for pennies, things get a bit messy.

Also, there are other ways of cashing out, not directly via a bank account.
You know that event from your own country, and I have a feeling the same is happening in mine with an ATM network, not giving names but since it's one of the few which posts online the sums available in their machines it's pretty easy to guess. I've seen some pretty weird numbers on their machines, sometimes there are days when they lose only 5-10k euros from their available balance and then in a matter of hours all the machines around a whole area of the country are down a few hundred thousand euros, and more, their balance goes down to 50-100 euros, so somebody that is almost counting to the last euro.

I just wanted to say that mixers just semi-anonymize the source of the funds, if people want to point them as the ones helping scammers cash out they are overlooking other and more important links in the chain