I've been reading and reading and it seems no one can agree. Some people tumble $5 and others say unless I'm laundering $10k every week I don't need to tumble.
I know that since I'm a small fish LE will not try to prove money laundering or tax evasion on me when they would perform a CD... but I'm ordering $40 worth of acid for some friends for the weekend and I'm still going to tumble that $40.
I mean, my thinking here is this: if I can afford to spend $40 on acid, then I can afford to make it $42 and have some peace of mind right? Fuck it if Helix or whoever makes a few extra bucks off of me. I sleep easy at night.
Or is this a stupid idea and an illusion of security?
Not a retard, but mistaken if you think it makes you safer from police scrutiny. But you are all making the community as a whole safer.
Drug dealers and people earning money illegally want to buy legal things with it e.g a house or a car. Its illegal origin is disguised by "laundering".
If the money is to be used to buy something else illegal on the black market, it doesn't need to be washed clean or made to look like it was earned from your share of a pizza restaurant.
darknet vendors sometimes tumble their earnings, although Agora as a tumbler and the withdrawal comes from a different address every time. It then often ends up being deposited on an exchange with a tumbler. When the bitcoin is sold, it's somebody else's bitcoin which was deposited yesterday and tumbled overnight
Moving $40 from one wallet straight to another raises no eyebrows.
if you withdraw from an exchange, then clean legally purchased bitcoin by sending them through hundreds of tumbler wallets for hours, then immediately spend the bitcoin on drugs so it doesn't even belong to you anymore, it will really confuse Law Enforcement!
They will assume youre cleaning dirty bitcoin, and that you are a drug vendor. I think that so many of you are selflessly impersonating drug dealers and drawing attention to yourselves, we vendors can slip away safely, like Elvis in a crowd of Elvis impersonators.
Thank you for your support. its good of you to spend your money on making clean money look dirty, but you all know you're safe because drug buyers aren't caught by bitcoin - you have to be caught with drugs. Obviously, they want to catch me trying to turn dirty bitcoin into clean £UK - nobody cares about your $40 of legally-purchased bitcoin unless you panic and act irrationally and suspicious.
Legal bitcoin users don't tumble them, and normal people aren't terrified of their postman or signing for mail. that's why if you buy drugs, youve got to be cool. Cooler than I would be buying drugs. i'd do a straight wallet to wallet transaction. drug vendors can look after themselves, no way would I risk using a tumbler to confuse the police on behalf of some drug vendor I've never met.
I can't help thinking that some of you are doing it because you're confused, and not to hide drug vendors and our takings, so I'll explain it with an analogy.
Imagine you work at a boston meat packing plant (you're all paranoid and scaring each, so I'm assuming you're yanks). its friday, and you just got your pay in an envelope after a hard, honest week's work.
You want to go to a bar to get drunk listening to bruce Springsteen. so you take your wad of cash out, send it to an offshore holding company in the Bahamas, then through a series of front companys while you sit in the bar for 7 hours without a drink, waiting for most of your dollars to come back after the FBI have photographed them. just as the bar is closing, you buy a beer. It could just as easily be a bag of weed.
That's you, that is.
The mailman and the police both wear uniforms, but the mailman gets sacked for opening other peoples mail, even if it has a square bump like a bag of weed or a gift certificate
This is Helix's fault, for pushing money laundering tools at people buying dirty things with clean money. As a vendor, I'm happy for you all to continue aciting as my decoys