bitcoin problems that need to be solved

[btc-room101]

Not anymore though - my 1 BTC is not equal to your 1 BTC anymore if mine comes from a mixer and yours comes from an exchange. My coins are now considered by most exchanges as tainted. What if your government considers them to be tainted as well, but kept quiet so far?

P2P exchanges like Bisq falls into the same category Monero does. It pretty much anonymizes your trading activity as much as it can. This is why the "XMR is bad" argument falls short imo.. if mixers and Bisq are suggestions, then the way XMR works is automatically a solution and not a problem.

That's why say virgin blocks mined in China, have more value than btc that's been tumbled online, virgin addresses never used private-keys are more valuable.

BTC != BTC

Some animals are more equal than others.

Almost all of BTC is a myth, big lies, private, cheap, fast,safe, un-hackable ... blah-blah all lies

The problem here is the exchanges, so all 'mixed' coins are now tainted and un-usable; The solution here is to use lots of different exchanges worldwide, and find one that will except your tainted btc's, but I'm assuming most likely that if your btc comes from exchange 'russia', that coinbase will also call that tainted.

People like to deny problems, but the problem is the exchanges, and they're all being policed.

Who gets to buy the virgin blocks mined in China? The mafia that's who, then the little people get stuck with the tainted change

The founders of this scam love this cuz the more of BTC that goes out of circulation the more the price rises.

Another problem is depositing, I noticed the other day that transferwise will not send your money to bitstamp, I mean hell, its your money. So not only do the exchanges not accept your btc, but 'banks' will not let you buy clean btc from exchanges, so what's a mother to do?

Then you end up on 'localbitcoins', send cash by transfer and/or cash to 'someone', and you don't have clue whether the btc you just bought is clean or dirty.

It's just like fiat, said that 99% of all USD bills have cocaine traces, most money is dirty, most btc in time will be dirty. Lot's of people use coinjoin ( modern replacement for banned mixing ), to combine change, but if the exchanges flag an address that's every been mixed then your btc is rejected, so then you go back to localbitcoins, and find a guy who pay's you 50% on the BTC, the new may or not be clean.

So there becomes three levels of BTC

1.) virgin mined, never touch, 60% owned by chinese billionaires and sold to their mob friends
2.) common btc, that's never been mixed
3.) dirty btc, that is refused by KYC exchanges

So 1 gets you 200% , 2 get you declared price, and 3 gets you 50% haircut if your lucky, hell even FIAT (USD) is better than this

[1715106142]

1715106142

[ranochigo]

That's why say virgin blocks mined in China, have more value than btc that's been tumbled online, virgin addresses never used private-keys are more valuable.

The latter is not true. As for the former, people won't buy Bitcoins that are taint free, that is just impractical. If exchanges cannot accept that the coins that they have will have some degree of taint, then they wouldn't be able to operate at all.

The problem here is the exchanges, so all 'mixed' coins are now tainted and un-usable; The solution here is to use lots of different exchanges worldwide, and find one that will except your tainted btc's, but I'm assuming most likely that if your btc comes from exchange 'russia', that coinbase will also call that tainted.

People like to deny problems, but the problem is the exchanges, and they're all being policed.

Has there been any exchanges that blocked your deposit specifically because of taint arising from it being mixed with tainted coins? All that I know is that they do not accept mixers or coins directly from restricted activities; gambling sites for example.

Another problem is depositing, I noticed the other day that transferwise will not send your money to bitstamp, I mean hell, its your money. So not only do the exchanges not accept your btc, but 'banks' will not let you buy clean btc from exchanges, so what's a mother to do?

That is a problem with your service, not with Bitcoin. You should probably talk to them about it.

Lot's of people use coinjoin ( modern replacement for banned mixing ), to combine change, but if the exchanges flag an address that's every been mixed then your btc is rejected, so then you go back to localbitcoins, and find a guy who pay's you 50% on the BTC, the new may or not be clean.

Exchanges flags coins that comes directly from a mixer but they do not specifically check for any degree of taint. Coins from an exchange is not exactly taint free either, Localbitcoins functions on a similar way like an exchange with their deposit/withdrawal system. I'm not sure how people get so much discount on LocalBitcoins, I've never seen it before unless they're outright scamming.

Look, if the concept of taint bothers you that much, then Bitcoin is probably not for you. I'll repeat this again; Taint does not exist on a protocol level. If you're supporting businesses that classifies any sort of privacy preserving activities as something that is against their ToS, then you probably would want to avoid them; they will probably collect more information about you. Most of the Bitcoins today are tainted, refusing to accept any taint Bitcoin will net you no business at all and your competitors would surely thank you for giving them your customers.

[Kittygalore]

about the first issue, that's why they have private and public key pair. It has irreversible feature, so it's hard to find out someone's private key even if you know his/her public key. I don't really see any security issues on that part yet but it's just my opinion but good point to talk about

The real problem in number one is the people not the medium, it is effective but if people are lousy with their security then they will still lose that key no matter how strong the key and its encryption is.

[kingkhan99]

Nothing is perfect in the world and Bitcoin also has a number of problems that will probably not be solved. It may seem to you that with the development of the crypto market, these problems will go away, but they will probably remain since there is simply no ideal solution. On the other hand, we have previously used different payment systems and currencies and did not think about anonymity, which did not prevent us from working and earning. I think it will be the same with Bitcoin. Just use these opportunities with Bitcoin now, as things may just change in the future, and not necessarily in a good way.
And what is currently lifting most of the Bitcoin market a few days ago, the price was going up a lot in Bitcoin market but now it is seen that Bitcoin is increasing again in the market..

[leea-1334]

That's why say virgin blocks mined in China, have more value than btc that's been tumbled online, virgin addresses never used private-keys are more valuable.

BTC != BTC

Some animals are more equal than others.

I think this is true in any case for even cash money/fiat that is supposedly as fungible. As long as it comes from certain sources, banks and other financial institutions are not supposed to allow it to be accepted. So I think we all have to agree here, this is not REALLY a Bitcoin problem but a money problem overall.