Wall of Coins

[Roscoe_Word]

Hello forum. Is WallOfCoins an exchange which functions similarly to Coinbase and Circle?

Would this sequence be valid? Bank>WallOfCoins>Blockchain>SportsBook.

My thought is the more exchanges one has the more one can "mix it up".

The more one can "mix it up", the less likely of getting one's exchange account shut down.

Thanks.

[luctens]

Hello forum. Is WallOfCoins an exchange which functions similarly to Coinbase and Circle?

Would this sequence be valid? Bank>WallOfCoins>Blockchain>SportsBook.

My thought is the more exchanges one has the more one can "mix it up".

The more one can "mix it up", the less likely of getting one's exchange account shut down.

Thanks.

It's stupid that you have to go through a rigmarole to "clean" the money to try and stop these Bitcoin exchanges from shutting you down. They must know that Bitcoin is predominantly used for illegal gambling, drug dealing and the like, so if they try and stop everybody doing these sorts of things, then they will hardly have any customers left.

The kind of rubbish that gets spouted out that Bitcoin was created to free the people from governments and banks and give people back their privacy and anonymity and all that crap that gets said that Bitcoin was created as some noble gesture to the people.

The reality is that it was probably created for the main purpose of facilitating the sorts of dodgy activities such as illegal gambling and drug dealing and the like, as the reality is that the creators of Bitcoin would know that the man on the street is just going to go on using standard money systems and that the vast majority of the users of Bitcoin are only people that have a dodgy reason to try and stay anonymous and stay away from the eyes of the law and the banks etc, they are the ones that in the vast majority of cases are the only ones that are going to be using Bitcoin, so for Bitcoin exchanges to try and stop this sort of activity is ludicrous, as the kinds of activities they are trying to stop are the only real activities that Bitcoin is being used for in the vast majority of cases.

[Roscoe_Word]

It's stupid that you have to go through a rigmarole to "clean" the money to try and stop these Bitcoin exchanges from shutting you down. They must know that Bitcoin is predominantly used for illegal gambling, drug dealing and the like, so if they try and stop everybody doing these sorts of things, then they will hardly have any customers left.

The kind of rubbish that gets spouted out that Bitcoin was created to free the people from governments and banks and give people back their privacy and anonymity and all that crap that gets said that Bitcoin was created as some noble gesture to the people.

The reality is that it was probably created for the main purpose of facilitating the sorts of dodgy activities such as illegal gambling and drug dealing and the like, as the reality is that the creators of Bitcoin would know that the man on the street is just going to go on using standard money systems and that the vast majority of the users of Bitcoin are only people that have a dodgy reason to try and stay anonymous and stay away from the eyes of the law and the banks etc, they are the ones that in the vast majority of cases are the only ones that are going to be using Bitcoin, so for Bitcoin exchanges to try and stop this sort of activity is ludicrous, as the kinds of activities they are trying to stop are the only real activities that Bitcoin is being used for in the vast majority of cases.

Thanks for those thoughts, luctens. I'm trying to add a 3rd exchange so as to not overuse Coinbase and Circle.

[Optional]

Hello forum. Is WallOfCoins an exchange which functions similarly to Coinbase and Circle?

Would this sequence be valid? Bank>WallOfCoins>Blockchain>SportsBook.

My thought is the more exchanges one has the more one can "mix it up".

The more one can "mix it up", the less likely of getting one's exchange account shut down.

Thanks.

Wallofcoins does not appear to shut people down for gambling (as far as I know) so it is less critical than with users of Coinbase and Circle but that route sounds fine to me. Just dropping your coins in a wallet is not going to 'mix them up' though. Unless you actually trade them on an exchange on the way through the coins can still be tracked if someone looks.

[Buffalo Nickle]

It's stupid that you have to go through a rigmarole to "clean" the money to try and stop these Bitcoin exchanges from shutting you down. They must know that Bitcoin is predominantly used for illegal gambling, drug dealing and the like, so if they try and stop everybody doing these sorts of things, then they will hardly have any customers left.

The kind of rubbish that gets spouted out that Bitcoin was created to free the people from governments and banks and give people back their privacy and anonymity and all that crap that gets said that Bitcoin was created as some noble gesture to the people.

The reality is that it was probably created for the main purpose of facilitating the sorts of dodgy activities such as illegal gambling and drug dealing and the like, as the reality is that the creators of Bitcoin would know that the man on the street is just going to go on using standard money systems and that the vast majority of the users of Bitcoin are only people that have a dodgy reason to try and stay anonymous and stay away from the eyes of the law and the banks etc, they are the ones that in the vast majority of cases are the only ones that are going to be using Bitcoin, so for Bitcoin exchanges to try and stop this sort of activity is ludicrous, as the kinds of activities they are trying to stop are the only real activities that Bitcoin is being used for in the vast majority of cases.

Well, they are chartered as US banks so there is that.

[Roscoe_Word]

Wallofcoins does not appear to shut people down for gambling (as far as I know) so it is less critical than with users of Coinbase and Circle but that route sounds fine to me. Just dropping your coins in a wallet is not going to 'mix them up' though. Unless you actually trade them on an exchange on the way through the coins can still be tracked if someone looks.

Thanks much for the input, brother.