Bitcoin Forum
March 14, 2026, 08:51:22 PM *
News: Latest Bitcoin Core release: 30.2 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 [69]
  Print  
Author Topic: Mixer restrictions  (Read 30888 times)
NotATether
Legendary
*
Offline Offline

Activity: 2268
Merit: 9572


┻┻ ︵㇏(°□°㇏)


View Profile WWW
Today at 10:57:41 AM
 #1361

Ever heard of something called a bank? I am pretty certain no one in the public (except for Government and the banks) would know what your account number is if it wasn't revealed, how much is in your account, where you send your funds to and where you get your fund from... Ain't that right?
Why not use the bank then? Why go through all this headache?

In some third-world countries, criminals bribe a branch worker in the bank to give them the personal information of people with large balances.

You can probably guess what happens next.

In the first-world countries they would just hack a website you paid at to get your card data, then use carding to try to cash out your balance.

So nobody is really safe.

 
 b1exch.to 
  ETH      DAI   
  BTC      LTC   
  USDT     XMR    
.███████████▄▀▄▀
█████████▄█▄▀
███████████
███████▄█▀
█▀█
▄▄▀░░██▄▄
▄▀██▄▀█████▄
██▄▀░▄██████
███████░█████
█░████░█████████
█░█░█░████░█████
█░█░█░██░█████
▀▀▀▄█▄████▀▀▀
LoyceV
Legendary
*
Offline Offline

Activity: 3976
Merit: 21392


Thick-Skinned Gang Leader and Golden Feather 2021


View Profile WWW
Today at 11:15:24 AM
 #1362

I don't really enjoy the fact that anybody that knows my address can know the amount I'm having
Where it goes and where whence it's coming from
Are you saying you reuse the same Bitcoin address for everything? You can largely improve your privacy by using coin control, different addresses and even different wallets for different purposes.

¡uʍop ǝpᴉsdn pɐǝɥ ɹnoʎ ɥʇᴉʍ ʎuunɟ ʞool no⅄
arabspaceship123
Sr. Member
****
Offline Offline

Activity: 1302
Merit: 472


codetheforum.com


View Profile WWW
Today at 03:03:37 PM
 #1363

In some third-world countries, criminals bribe a branch worker in the bank to give them the personal information of people with large balances.

You can probably guess what happens next.

In the first-world countries they would just hack a website you paid at to get your card data, then use carding to try to cash out your balance.

So nobody is really safe.

Criminals want info so nobody is safe. First world countries hack websites or buy info using crypto. Third world countries bribe for personal info on rich people. They want the information so they will pay to hold it.

  A R A B S P A C E S H I P   1 2 3  سفينة الفضاء العربية ١٢٣  
|  | ||     |    AVATAR & SIGNTURE AVAILABLE TO RENT   |     || |  |
██████   Hire me for your websites. Send a Message or Privnote to discuss your requirements   ██████
Satofan44
Sr. Member
****
Offline Offline

Activity: 322
Merit: 998


Don't hold me responsible for your shortcomings.


View Profile
Today at 03:08:08 PM
 #1364

The major reason for all this coin mixing thingy is to avoid scrutiny and abuse of privacy from Government and not a common person like me who doesn't care about where you got your coins from, where you send your coin to, why you send your coins from A to B, and what you spent your coins on... Think about it  Wink
Not Really
I don't really enjoy the fact that anybody that knows my address can know the amount I'm having
Where it goes and where whence it's coming from
It's not limited to hiding from the government.
The person is confused and you are correct. This creates a huge security risk both for online and physical payments, it is significantly worse in physical payments. There is a face attached to the payment, and if they look up your change or related addresses then they will know your Bitcoin wealth. Obviously this presents a great opportunity for an attacker, and they'd have definite proof that you do have this amount -- so any kind of trickery with different passphrases, dummy wallets and whatever other in person excuses will not work against such a criminal. One-time payments would be very risky, regular payments at the same establishments would be a guaranteed ticket to a bad outcome eventually. The alternative is simply using wallets as single-purpose and dumping them afterwards, but that comes with extra work and is error-prone too.

Are you saying you reuse the same Bitcoin address for everything?
No, that is not what he is saying.

You can largely improve your privacy by using coin control, different addresses and even different wallets for different purposes.
Which requires a lot of knowledge, skill, and is very error-prone. A single mistake can undo a lot of the work that has been done. Mixers are better for this, and the user and philipma1957 are right about this. The primary good use cases is shielding from the recipients without the use of custodial platforms for wallet purposes. Mixers need a come back, users should have easy access to reputable mixers.

Ambatman
Legendary
*
Offline Offline

Activity: 938
Merit: 1234


Don't tell anyone


View Profile WWW
Today at 05:50:37 PM
 #1365



In some third-world countries, criminals bribe a branch worker in the bank to give them the personal information of people with large balances

I have seen such cases and they don't even have to be bribed
They are the criminals themselves

We saw something similar at where I work. Data breached obviously from an insider
And people fell for social engineering scam.
Believing Banks or reputable corporations would protect your data
Is like saying Traffic stops all accidents from happening.



Are you saying you reuse the same Bitcoin address for everything? You can largely improve your privacy by using coin control, different addresses and even different wallets for different purposes.
No, I was trying to explain to Logfile that privacy isn't just on the government
But to protect your funds from all prying eyes.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits PREDICT..
█████████████████████████
█████████████████████████
███████████▀▀░░░░▀▀██████
██████████░░▄████▄░░████
█████████░░████████░░████
█████████░░████████░░████
█████████▄▀██████▀▄████
████████▀▀░░░▀▀▀▀░░▄█████
██████▀░░░░██▄▄▄▄████████
████▀░░░░▄███████████████
█████▄▄█████████████████
█████████████████████████
█████████████████████████
.
.WHERE EVERYTHING IS A MARKET..
█████
██
██







██
██
██████
Will Bitcoin hit $200,000
before January 1st 2027?

    No @1.15         Yes @6.00    
█████
██
██







██
██
██████

  CHECK MORE > 
dkbit98
Legendary
*
Offline Offline

Activity: 2898
Merit: 8574


splash.tf - no KYC/AML. lowest fees


View Profile WWW
Today at 07:44:54 PM
 #1366

There is no mixer or private exchange that is registered with FinCEN. (Or whatever the European equivalent is.)
I could agree with you on mixers, but I am not sure about exchanges.
We saw many exchanges being registered in the past, maybe not with fincen, but with some other government agency.

Are you saying you reuse the same Bitcoin address for everything? You can largely improve your privacy by using coin control, different addresses and even different wallets for different purposes.
I would agree with this.
Good address management with labels is very important for bitcoin, and it's easy to do it with modern bitcoin wallets.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits PREDICT..
█████████████████████████
█████████████████████████
███████████▀▀░░░░▀▀██████
██████████░░▄████▄░░████
█████████░░████████░░████
█████████░░████████░░████
█████████▄▀██████▀▄████
████████▀▀░░░▀▀▀▀░░▄█████
██████▀░░░░██▄▄▄▄████████
████▀░░░░▄███████████████
█████▄▄█████████████████
█████████████████████████
█████████████████████████
.
.WHERE EVERYTHING IS A MARKET..
█████
██
██







██
██
██████
Will Bitcoin hit $200,000
before January 1st 2027?

    No @1.15         Yes @6.00    
█████
██
██







██
██
██████

  CHECK MORE > 
Pages: « 1 ... 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 [69]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!