camosoul
Well-known member
http://cointelegraph.com/news/114943/coinmx-operators-arrested-for-running-illegal-bitcoin-exchange
We've postulated many times on how much guv may hate the anon/privacy features of DASH, but this article had a bt that made me wonder if we're looking in the wrong place.
What if a Darknet vendor were smart enough to realize that it's bad to be moving big fat piles of cash around.
What if, instead of cashing out their funds, they decided to set up masternodes? What if they just went to sharpeshift.io and insta-switched their "withdrawal" from a darknet website into DASH, and then just lived off of the masternode payouts instead of anything linkable? Hell, run darksend from behind TOR. Yeah, it sucks and hangs and stuff, but it works, eventually. Would that make DASH or any of it's Devs a Party of Interest in the notion that the DASH project somehow facilitated Money Laundering? The funds themselves not being exchanged, but used as an investment which paid out? Might that same argument be used on far less useful, but similar conceptually, Proof of Hoarde coins like PPC?
I think I love my mastenodes even more now...
We've postulated many times on how much guv may hate the anon/privacy features of DASH, but this article had a bt that made me wonder if we're looking in the wrong place.
What if a Darknet vendor were smart enough to realize that it's bad to be moving big fat piles of cash around.
What if, instead of cashing out their funds, they decided to set up masternodes? What if they just went to sharpeshift.io and insta-switched their "withdrawal" from a darknet website into DASH, and then just lived off of the masternode payouts instead of anything linkable? Hell, run darksend from behind TOR. Yeah, it sucks and hangs and stuff, but it works, eventually. Would that make DASH or any of it's Devs a Party of Interest in the notion that the DASH project somehow facilitated Money Laundering? The funds themselves not being exchanged, but used as an investment which paid out? Might that same argument be used on far less useful, but similar conceptually, Proof of Hoarde coins like PPC?
I think I love my mastenodes even more now...