“France moves to ban #Bitcoin mixing services

Transactions using mixers will now be presumed illicit unless proven otherwise.”

If you need to clear bitcoins from a coinjoin simply open a Lightning channel and use them or perform swaps with boltz or perform a pegin in liquid.

Reply to this note

Please Login to reply.

Discussion

What a useless decision.. Waste of public money to come with it 😅

Idiot tyrants

Guilty until proven innocent. Sounds like a reasonable policy for free country. BTW, anyone remember who invented guillotines?

Ça c'est grave !

Often struggle with this- If I buy from an exchange, switch from Lightning to Base Layer on Boltz, I'm still sort of tied to that initial purchase, am I not?

Only boltz knows, you must use tor.

yes the exchange keeps lists use robosats or similar

Bien

Let france stand as an example of stupid policy

If a politician wants to do something similar we can reply "so, you want to be like france?"

Liquid will hide amounts, not addresses, so a blatantly obvious connection will remain.

Lightning.. yeah, good luck not screwing it up. The utxo that opens a channel is public knowledge and so are channel balances.

This is all downstream effects of lack of privacy on the L1. All satoshis have a history, this history can and will be used to discriminate between them - that's what this law does.

Entirely predictable, unfortunately.

Good thing I did not register .fr but coinjoin.nl 😅

If you zap me the funds I'll register it xD

How do you feel using Wasabi considering the address reuse issue that SW pointed out and got ignored on?

It's simply past address reuse, not zero link and has known to have its work de-mixed/peeled back.

https://m.youtube.com/watch?v=alcLdBsoDDg

https://m.youtube.com/shorts/Rw8wdeTYTJU

It's all out there.

Thanks for pointing out that issue, in Wasabi Wallet 2.0 you get warning signals in the spending menu when you try to spend coins with anonscore 1 (together with higher anonscore). This is a user error that can't be avoided by the protocol (other than implementing whale rounds). The same can be done for my coinjoin.nl coordinator rounds, as there are few participants there are lower privacy guarantees. That's why I try to gradually increase the minimum number of inputs required as my userbase grows.

Yes, the best solution is to install a personal node and open channels. When you need to spend, just use lightning. There are even p2p exchanges like Robosats which allows you to exchange lightning sats for fiat if you need it.

yeah 😕

either of those options have worse privacy than flipping into Monero

Or use Monero.

No thanks, monero is a shitcoin with no limited supply and big blocks fucking up decentralization.

Just like that, monero followers are the exact definition of stupid, then they are incapable of showing a lightning transaction 😂

At this level, I consider 99% of moneruchos to be gov agents in disguise.

just like people who tell you to use a VPN or Tor right?

also, in the end

STN copped to someone showing him a monero tx.

so just stop.

you can call LN a "privacy layer" when bolt12 txs are the default.

not before.

At this level i consider 100% of bitcoiners and lners gov agents feds.

Bitcoin is filled to the brim with infuencoooors pushing custodial, non-private, and KYC wallets for Lightning

You literally suggest Strike, Wallet of Satoshi, and Blink on your website for vulnerable beginners

nostr:note1ye35g42mp3uevpdh452j62yxd3rdfz6rxgs3yqlw6kze0maskgtqxjkrve

It's more like 2 guys taking a dump in a public bathroom. One is with the door opened, and the other, with the closed door, saying "maybe you need Monero"

Hurry, someone tell the black market, we got some deep research here that everyone else at high stakes missed!

We need to be QUICK and tell Dread and DNM users to use LN!!!

oh and what happened to "ring signatures cause supply inflation" homie 🥺

If monero was a threat wouldn't they try to ban it too? Clearly it ain't all that and mixing services are more of a pain.

When was the last time you looked at CEX?

Monero has aready been banned from almost all CEX.

So where are people buying monero, if P2P bitcoin orderbooks are already so dry XMR can't be too liquid either? I did a check and majority of XMR volume comes form CEX, primary KuCoin

And if it were banned from all CEXs where's the demand and liquidity going to come from?

From where it belongs, in P2P DEX's.

I don't remember the last time i bought something in a CEX..

Only dumb people use CEX's

Well if the goal is to be a fringe network then sure, no problem there!

But are you an idiot or just pretending?

What was Bitcoin made for?

Wasn't it to be a fringe network and not need third parties to transact?

Wasn't it to have a circular economy that empowers users and not the system?

It's because there are idiots who think that Bitcoin has become a tool of the system.

Why are you so emotional?

NOT relying on centralized gatekeepers to provide access to freedom tech is a feature, not a bug

Yet I have people arguing tooth and nail that #monero and #bitcoin are both equally fungible.

Don't get me wrong I'm not a Bitcoin hater, I'm a bitcoiner, and France, GFY.

But saying taint doesn't exist doesn't make taint not exist.

Having said that, Bisq is a thing, use it. https://expatriotic.me/acquiring

Taint is a mind virus. People have to use parrhesia, or die.

I mean like, I agree... Taint is dumb. Doesn't change the fact that UTXOs are trackable

I have an article for them too. https://expatriotic.me/peach

Not perfect though. They have to follow Swiss laws whereas Bisq and RoboSats use Tor and don't comply with government quotas... Plus for buying, premiums are steep on Peach

Thanks 🙏

What's next? They're going to ban payjoin and silent payments?

We can do this all day

This shows a little bit the ignorance of the state, it has always surprised me that they are chasing all this and they are not chasing Lighting, because the easiest way to introduce stolen bitcoins, or bitcoins coming from a coinjoin or marked, is to use lightning, the exchange will never know where they come from.

Lightning used well is a perfect washing machine, and increases almost to perfection the fungibility of bitcoin.

And the best thing is that there is nothing you can do to stop it.

But people could just use lightning and then use the exchange right?

The issue is that if you send money to an exchange through Lightning, the exchange cannot know where the money comes from, it is totally fungible money.

Good luck enforcing this, bitches. 🇫🇷🐓😂