0 sats \ 1 reply \ @ez 12 Nov 2023 \ parent \ on: Swan Bitcoin not allowing coinjoined Bitcoin deposits or withdrawals. bitcoin
this
currently it's being explained as only direct deposits/withdrawals from/to mixing wallets are at risk but its trivial to expand for who knows how many hops in the future.
Also, it's not up to Swan to impose or retract these rules - it's not their infrastructure so they can't do much apart from shutting down.
It's still on them that this is affecting their customers privacy and they should take basic responsibility for their service design, especially considering all their troubles with custodians this year.
write
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0 sats \ 0 replies \ @IanMalcolmPhd 13 Nov 2023 freebie
the usa bitcoin companies who sell to the average joe (ie not River etc) is shooting themselves in the foot, because a huge majority of coins will have touched a coinjoin in the future. And then we will have payjoin which really ups the theoretic gamesmanship, to quote Jason Lowery.
At least Strike has their own infrastructure/custody.