First Bitcoin “mixer” penalized for violating anti-money laundering laws

Re:First Bitcoin “mixer” penalized for violating anti-money ... by droffel on Monday October 19, 2020 @03:02PM (#24829681)

I guess I shouldn't use a VPN, because that might look like I have something to hide. Using cash? No way! If I use cash I might look like a criminal. Leave my cell phone at home? No way, I wouldn't want to be suspicious, would I? I need the government to surveil me every second of every day, because if they don't, maybe I'm a criminal.

At what point do you say enough is enough, and embrace the idea that you should minimize your digital footprint whenever possible?

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Re:First Bitcoin “mixer” penalized for violating anti-money ... by blibble on Monday October 19, 2020 @03:18PM (#24829825)

all of your examples also have some level of risk, which is going to be essentially negligible

a technology specifically designed to allow untracable electronic monetary transactions is going to be many orders of magnitude riskier to use

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Re:First Bitcoin “mixer” penalized for violating anti-money ... by akimball on Monday October 19, 2020 @09:36PM (#24833176)

Actually, use it to reduce risk. If you have no visible wealth you are largely immune to extortion, kidnapping, fraud, and robbery.

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