Regarding the argument that 'they have not blacklisted anything yet!', I just wrote elsewhere. For all we know, they might already be sharing each and every single CoinJoin input with their blockchain analysis company, just either ignoring their opinions about UTXOs or they might be all coming out green for now. Or the red percentage is just very low so there are no reported cases of blacklisting.


Not only the blacklisting update itself should have been disturbing enough, but also the fact they had to specifically mention the first CoinJoin not to have blacklisting enabled as a promotional offer.

@Wind_FURY

What makes you think that he couldn't just continue the project while brazenly ignoring the threats?

Considering how much money Wasabi had to splash on a signature campaign (and possibly advertise in other places as well), that should cover some portion of a lawsuit against those threatening actors.

He would at least be as respected as Ross Ulbricht.

You are belittling their cooperation with anti-privacy organizations to deanonymize their own service by calling it a "trade-off"!

The problem is that when mixers do what you are calling a "trade-off" they stop being useful because they would no longer be mixing anything anymore.

They have stated in their announcements that there were no threats. There was no pressure from any government agency to start blacklisting anything. They were not given a deadline to start blacklisting UTXOs or face sanctions otherwise. It was their decision to take this route. That's what they said at least. They might be lying about not being put under pressure, but I don't see why they would do that unless it's part of a deal. At least if a government agency came knocking on their door, they could use that as a bad excuse. The way things stand right now, they have no excuse and they started all this drama on their own.   

I'm not so quick to doubt the Wasabi team that there were no "threats."  From my personal experience with the feds, they don't play the bad-cop roll and they don't lead with threats.  Usually they play the long game, and try to get folks to comply on their own.  If nopara73 was contacted by the feds, I would be willing to wager that he wouldn't describe the encounter as "threatening."  Of course this is all pure speculation, there's no evidence the feds did contact Wasabi.

Any explanation for Dummies? I am not clear whether you mean that coinjoin is a breach of privacy or that it is nice because of the flexible inputs.

So much for Wasabi's coinjoin being compatible with centralized exchanges. This completely destroys that argument. And also note Gemini repeating the lie that everyone who wants privacy must be doing something illegal.

What a shitshow. Avoid all centralized exchanges, and avoid Wasabi.

Makes me tad bit more safer with using Gemini, as long as everything is verified. But I'd imagine Binance also blocks centralized mixers since there was an incident where coins were temporarily confiscated for using (ironically) WabiSabi to mix the coins.

Replace Gemini with any reputable exchange, the same point applies also for them.

They'd lose a lot of business if they did that with any random Joe, because 1) pretending by means of a human analysis is time consuming and costs millions of dollars eventually, hence why them sticking with an algorithm is cheaper, and 2) pretending without bothering to do an analysis at all would make them a scam, and all customers would be chasing them down everywhere like 1xbit if this is what they were doing.

Ultimately, it's only those exchanges that do no analysis or a human analysis with BS rules from their compliance department (and since that is expensive, it means they're in for an exit scam) that are going to be pretending that your funds come from gambling or mixed.

Of course, Bisq is the safest, but it's nice knowing that not everyone else is a highwayman waiting to rob you.

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By the way, how are those Wasabi download numbers doing? What about their advertising? They've been pretty quiet for a while.

That is nice but when Gemini detect that the coins comes from illegal gambling platform and they (Gemini) close the account. Then what will happen to the coins in the wallet? Are they (the coins) going to lost forever or Gemini would return the coins back to the source?  My question is, what will happen to the coin that is in the wallet?