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100 sats \ 1 reply \ @anon 25 Nov \ on: Tainted Bitcoin: Tool for USG to discourage crime and sanctions evasion bitcoin
If you really are concerned about tainted bitcoin just open a lightning channel and spend away.
Or buy a channel from an LSP with inbound 'space'... spend to it with the 'tainted' utxo then close the channel now that the lightning channel is full. You now have a utxo you own that has at least no on-chain link to the other one. The 2 never 'touched'.
One day in the future when bitcoin is mass adopted most transactions will be via lightning... so you won't send or receive UTXOs at all. Your lightning channel increases or decreases in size but the underlying utxo never moves.
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0 sats \ 0 replies \ @micah541 OP 25 Nov
It's not about me, they're not after me as I'm not evading sanctions or doing crimes.
LIghtning will be fine for small things, but as a matter of policy it still might make sense for the authorities to implement this to hamper large scale crooks. Good luck trying to launder a billion dollars through lightning channels.
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