Do you need a Bitcoin mixer?

[vc_row][vc_column][vc_paragraph text=”Bitcoin mixers developed exclusively for users’ safety have received bad reputation. Still mixing services should be used by every crypto investor.“][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Is transparency of blockchain an aim designed to fail? ” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Historically, some applications are becoming evil. Things like religions, political ideals and even crypto currencies were demonized as instruments of evil that now allow criminals to exist and prosper. Bitcoin mixers certainly got to the category of evil. Bitcoin was created to offer a new way of thinking on currency. It’s surpasses fiat because it is not vulnerable to corruption. It’s anonymous and has no borders. Bitcoin was created for decentralization to avoid problems that centralized financial institutions often cause. As cryptocurrencies have social support and acceptance all over the financial world, the problem is that governments are looking for vulnerable part of the system wishing to control and tax the totally independent system. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The experts of Best Bitcoin Tumbler suppose that Crypto mixers come into play just at that time. Bitcoin was founded on the principles of anonymity, without requiring any personal information for dispatch, receipt or storage of funds.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=” Although it still remains in some spheres, currently many governments require adding some details when it comes to launching of a crypto wallet. Crypto wallets are virtual devices for storage of digital assets. If you need to send or get coins you should provide only real address of wallet. These addresses are created in form of hash function that seems to be confusing flow of figures and letters aimed for remaining anonymity. It’s because hash function in no way must be connected with personality of user. Now, however, when some governments require personal data and registration of wallets it’s not difficult to equate address of your wallet to personal information, especially if someone is looking for it using blockchain analysis. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Blockchain analysis is a system of tracking definite addresses of wallets. Every time a user buys or sells crypto, the address that he/she uses is recorded on blockchain. If you commit enough transactions with one and the same wallet, these addresses become tracked in the whole chain of blocks. It allows to see how many crypto assets each of the investors has and how they can be disposed. All of these analytical organizations will be willing to track crypto addresses and, perhaps, will actually be able to arrogate the identification data of hash functions to themselves. It’s all by means of registration of wallet which has never been included in conception of crypto.”][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Bitcoin mixers are not illegal” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”1440″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Crypto mixers are the only way to get around these blocks. They are intended for anonymization of coins that you recieve or send if you use such mixers regularly and correctly. They ensure detaching not only trails of coins from your personal data but also the old tags or signs of previous holders.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”One reason why governments rushed to criticize crypto mixers is that one can call them a tool for money laundering. Money laundering is essentially the concept of fiat money anonymization.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”It can be useful only if you are trading fake or marked money. Money laundering is not necessary for an ordinary user since the funds used by him/her will hardly be marked, and cash transaction are extremely difficult to track. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Thus, even despite the comparison makes some sense, it appears to be illogical once you’ve studied the motivation of an average crypto mixer user more thoroughly. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Since all Bitcoins and wallets have unique signatures some of them are automatically recorded in public blockchain, and anyone can see the transaction in the network.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”This presents a sharp contrast to fiat systems as crypto systems keep Bitcoin decentralized and based on a protocol vital for the network.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Satoshi Nakamoto, famous as BTC creator, never planned on that people would tie their identification data to their wallets.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”So when a user enters personal data in a system that was supposed to be anonymous, the anonymity paradigm is grossly violated. Due to the restrictive measures for crypto space that require personal data indicating as a must for legal usage of digital coins, mixers are the only way to hide financial transactions from public viewing.”][/vc_column][/vc_row]