For some Bitcoin is a speculative investment with high potential for long-term gains. For others, Bitcoin is an essential means to make cross-border wealth transfers or to keep one’s wealth safe.
In the case of Venezuela, Argentina or Zimbabwe, the daily inflation makes it unreasonable to store one’s wealth in local currencies, yet foreign exchange restrictions are put in place. This creates a demand for Bitcoin as a means to hoard wealth, or transfer it abroad.
Of course, since authorities of oppressive governments step in to restrict Bitcoin trading, it becomes wise to cover one’s tracks. Aside from being careful where you buy or sell crypto, the usage of a Bitcoin mixing service is highly recommended.
There are likely hundreds of examples you can come up with why you don’t want your Bitcoin transactions to be tracked, ranging from privacy issues to government oppression. Since the design of bitcoin keeps everything on the blockchain (a public ledger), your wallet will forever be associated with transactions made with certain other addresses and will not be deleted.
What is a Bitcoin mixing service?
As you might have guessed, a Bitcoin mixing service will mix your coins up with other transactions in order to obfuscate where your coins came from and it’s destination wallet. It will also likely send random amounts with random delays, along with using newly generated wallets.
In theory, this should produce clean coins at the end of the process and will have a very low chance of being traced back by a human. Even advanced deep learning procedures would have trouble reverse engineering a Bitcoin mixer, which is why they are still in use.
Of course, a huge amount of trust would have to be put into the mixing service that you use. This is why many popular services advertise that they don’t track, ask for an ID nor require registration. There is still a great deal of trust required, which is why you should check online reviews and dig into the history of any tumbler you are considering.
About Smart Mixer
Smartmixer.io is a leading example of a Bitcoin mixer that respects the users’ privacy. You may use it via Tor, without registration and they don’t take logs of transactions made on their server.
SmartMixer believes that users have a right to privacy, regardless of their location or background. Leaking private information can be detrimental to one’s real-life security, employment, and online reputation. It only takes a transaction with the wrong person to completely expose your address, social media and whatever else you have posted online.
It’s really easy to send & mix coins via SmartMixer. Choose the desired currency you wish to mix, enter the destination address to receive the clean coins, sett the percentage fee and the delay duration. You may then send the coins to the generated address with ease.
Where to find them
Clearnet URL: www.smartmixer.io
Tor Address: l5bn7ctl6kmhls5n2zxaqbvpakipnocdvcgt5fwc2fhwy277amew4kad.onion
Referral Program: https://www.smartmixer.io/en/referral
Telegram channel: https://t.me/smartmixer
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