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Would you use a Bitcoin company app if they used Chainalysis?
1019 sats \ 11 comments \ @ThrillerX_ 12 Jul 2023 bitcoin
Given that debit and credit cards already comply with KYC, AML and track our payments, does adding Chainalysis affect your decision?
  1. Yes, I would use a Bitcoin company app with Chainalysis. I appreciate the increased security and oversight.
  2. No, I would not use a Bitcoin company app with Chainalysis. I prefer more privacy.
  3. I don't know enough about Chainalysis to decide.
  4. I am indifferent as long as the app provides the services I need.
Yes4.8%
No69.0%
I don't know?14.3%
I am indifferent.11.9%
42 votes \ poll ended
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101 sats \ 0 replies \ @chrono 12 Jul 2023
Andy Greenberg's Tracers in the Dark goes in depth into Chainalysis's history and known affiliation with law enforcement and government entities, both of which make up a good chunk of the company's customers.
Would I use an app tied to Chainalysis? Absolutely not.
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100 sats \ 2 replies \ @03365d6a53 12 Jul 2023
how would you even know?
chainanalysis is inevitable, don't worry about it, just take the necessary steps to wipe your history and use lightning where possible
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551 sats \ 1 reply \ @TonyGiorgio 12 Jul 2023
Chainalysis is not inevitable and just using lightning doesn't solve the problem.
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0 sats \ 0 replies \ @03365d6a53 12 Jul 2023
you can't stop chain analysis and there will always be demand for it, so I don't see how it isn't inevitable - the best we can do is make it hard and hopefully impossible to perform.
Just using lightning doesn't solve the problem, agreed, but the privacy benefits (especially as a sender) are significant
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100 sats \ 0 replies \ @2bithits 12 Jul 2023
Chainalysis gonna chainalysis anyway
Hopefully we can get better technology in the next few years
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10 sats \ 0 replies \ @0xtr 13 Jul 2023
The correct name is ChainAnal btw. Chainanalysis is just the PG-13 approved name.
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100 sats \ 0 replies \ @BITC0IN 12 Jul 2023
No.
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0 sats \ 0 replies \ @ThrillerX_ OP 13 Jul 2023
Kinda shocked by these results
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0 sats \ 0 replies \ @kepford 13 Jul 2023
If enough people refuse to do business with companies that use these scum bags a market for privacy focused commerce with arise. I'd argue it already has.
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0 sats \ 0 replies \ @faithandcredit 12 Jul 2023
Why would they use Chainalysis? Im leaning toward no
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0 sats \ 0 replies \ @happystack 12 Jul 2023
Absolutely not.
Chainanalysis is an abomination.
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