Replying to Avatar Zach⚡️

This isn’t true. It’s impossible to prove who owns what. Let’s say I have a transaction with one input and two outputs. Which one is mine? Both? Neither? Is one change? Only I know, and the person I’m transacting with.

Even if I send to an address straight from an exchange, how does one know it’s my address? What if I’m paying a friend (which I’ve done in this manner before)

KYC and chain surveillance is based on assumed probabilities. It breaks down entirely after a few laps around a circular economy.

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banjo 1y ago

And that initial wallet is always known--either it's a KYC exchange, or if you need to, you can simply go back to the original miner--it's all there on the blockchain.

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