But you need to buy a bunch of ASICs to mine bitcoin, whether with a pool or not, so that's a non-starter for normal people.

That's not true!

You'll end up with more bitcoin almost every time if you market buy ASAP. Mining will acquire bitcoin at a delay and it will usually be less than a market buy at spot price at the same time you would have bought mining equipment.

Even in the very early days. You could have used minimal power to mine 50 BTC 2 or 3 times a day! However, if you found a seller, you could have acquired thousands of bitcoin for hundreds of USD!

it has been declared for a while now

How do you prepare?

The vanguard is stronger than its ever been.

Coming? Hell, I've been in the jungle for the last 20 years. Where have you been?

Do You see a general attack on the LN?

Have always said JoinMarket has the biggest chance of survival of all currernt coinjoin implementations in case of full scale war on Bitcoin privacy, as there is no centralized service profiting, there is no company behind it, even if you arrest or kill all the devs, code is open, people can still run it. Also true for Samourai and Wasabi, but both require single centralized coordinator to coordinate coinjoin rounds. In JoinMarket taker is coordinating, which means anyone can do it and there always will be makers over Tor ready to provide liquidity, no single server ever to seize / shut down.

I don't think that applies here.

That quote speaks to inevitable corruption of the hero or the confusion of a mob.

Whats happening here, is that the maker of a gun, is arrested for alleged murder with said gun.

Jail is a state of mind.

Ignorantia juris non excusat

exactly right Also this: How can they be charged with laundering money when they don’t classify bitcoin as money?

Armchair legal experts

They should've just used Ukraine as a mixer like the pros do.....

Too bad... Guess they never got around to it. All the privacy had to be pushed to the second layer...

Why? Already compromised

I'd say so. Yikes...

I think its called a "sting operation", and yeah, my thoughts too. They were certainly "asked" to cooperate a while ago, they cooperated, and once the real target was identified the sting is done.

You're a literal retard

What wallet do we use on chain then?

Will do @DarthCoin.

@remindme 1 year

Correct me if I'm wrong but isn't the whirlpool coordinator FOSS and self-hostable? How hard would it be for someone to run that again?

Maybe the liquidity wouldn't be that big, but atleast we can get started again.

Server is down. Not sure what that means for BTC currently in the mixer. Might require running Dojo, or worse.

Are you fucking joking? It's a tweet. It's words. They don't actually control who uses it or how. They never take custody. And anyway, Bitcoin is property not currency or money based on the legal definition. So "conspiracy to commit money laundering" doesn't even make sense as there are no fiat rails EVER. All they did was help people gain on chain privacy so bitcoins could have the SAME privacy that cash has. Next you'll be telling me people who use cash are criminals for wanting spending privacy.

Get away with what exactly? They weren't even hiding their identity. They were open source devs adding privacy to bitcoins base layer

There are better privacy solutions for Bitcoin than Samourai, their main advantage was being a mobile wallet.

fuck off

What? But they were open source devs following FinCen guidance. Not criminals or money launderers... Wow