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sandworm101 • today at 10:14 AM • 2 replies • view on HN

They deposit the coins into organisations that mix coins from various customers. Its just like a bank. You deposit a fake/stollen 100$ bill one day and, if they accept it, you can withdraw a totally different 100$ bill from an ATM the next day.


Replies

smnc • today at 10:51 AM

I never actually understood the whole "bitcoin mixer" scheme. Shouldn't all all the transactions still be traceable in the end?

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is_true • today at 10:52 AM

Is that something that is actually needed for something or just money "laundering"?

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