Re:Arrest of suspected developer of Tornado Cash
by joe_the_user on Sunday August 14, 2022 @03:04PM
(#32461934)
States can certainly control the behavior of ordinary businesses that operate in their borders. Maybe they can't directly stop some hacker somewhere from operating a mixer but if coins from a mixer are as illegal as coins from some crime, these businesses won't want to touch.
I mean, the FBI has already shown it can see through mixers and arrest those who try to cash stolen bitcoins.
China has made sale or possession of bitcoin a crime but the West is following different road - with enough state intervention, bitcoin will wind-up a public money, less private money system than regular bank accounts. Every transaction is on the blockchain and that is public. Try putting that in your "anarcho-capitalist" pipe and smoking it.
Re:Arrest of suspected developer of Tornado Cash
by jobs_throwaway on Monday August 15, 2022 @02:37PM
(#32473544)
>the FBI has already shown it can see through mixers and arrest those who try to cash stolen bitcoins
source?
We shall see if that's the case here. My guess is the state can't stop it