it's like tracing a fucking USD note with a serial number, knowing every time where it as been exchanged
but you can avoid being traced in two ways:
- you can use coinjoin to mix USD notes, because people throw them in a pool of notes, and then you pick the same amount with a different serial number
- you can sell the fucking USD for CAD from a homie with no docs, then sell back CAD for USD to another homie with no docs
so yeah, you can avoid being traced, just use your brain
BTC serial numbers?
fellows blessed with excess melanin!
yes.
crypto forensics can trace any btc that has ever been transferred to its original wallet
the entire history of every single sat is traceable, it is 100% transparent
if you can identify the wallet owner, you can identify who owned it at any point
this makes "dirty btc" that has passed through drug trafficking or other criminal enterprise wallets basically illegal to hold
>this makes "dirty btc" that has passed through drug trafficking or other criminal enterprise wallets basically illegal to hold
but you can always use coinjoin then sell them for XMR on bisq or some panama exchange without KYC, after a few rounds nobody will care, they will get slowly fragmented and mixed with other clean btc addresses, nobody can "make them illegal"
1 dirty BTC after 1000 rounds is spread all over 1000 clean addresses with history totally unrelated
you can't stop it
this is like tracing USD from serial number after a bank heist
if the criminals went to wallmart and bought a 120 inches CURVED OLED TV, you cannot just go to the poor wallmart cashier and blame it to have a "dirty" dollar, it's not his fault, and this whole thing became a pointless forensic exercise