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by hailwren 1157 days ago
I think you are projecting your beliefs onto them. Mixers, privacy chains, and ZK privacy schemes have all been implemented because everyone in crypto acknowledges the lack of privacy.

The WSJ on the other hand…

2 comments

You are confusing the enthusiasts with the people who understand crypto. Both groups existed, but the enthusiasts group made many claims that anyone who had even minimal understanding didn't believe.
> Mixers, privacy chains, and ZK privacy schemes

Does any of this stuff actually help bypass KYC requirements for legal offramps in developed countries?

Probably not. I believe exchanges are meant to block transactions of tainted coins. And using a mixer immediately marks the coins as tainted.
I haven’t really used any of them, but my belief is that the USG wouldn’t have sanctioned TornadoCash if it didn’t work.