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mrsteveman1 | 3 years ago

> So if I for instance withdraw 100 million from an exchange, in a completely legal manner, and then visit a store or webshop to buy something with the same funds, then the store now knows that I have 100 million dollars?

The more common this example of legitimate use becomes, the less useful it is, defeating the purpose.

If it becomes common for crypto known to have come from Tornado to be there because the person is concealing ownership of a large amount of crypto, the store can infer the same thing the previously could see on-chain: this person probably has a large amount of crypto. And then all the same risks apply, albeit with a minor unknown as to the amount.

But since we're basically talking about a "rubber hose" attack here it doesn't really matter if they can directly see it on-chain, they're still going to assume it and likely do the same thing.

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lawn|3 years ago

The obvious point is that everyone should mix it, not only the very rich people. Of course that means that something like Monero is far superior, since every transaction is always hidden and "mixed".