Tumbling Bitcoins: A Guide Through the Rinse Cycle

When it comes to Bitcoin, privacy is a big deal to a lot of people, and it might be because they are partaking in a type of exchange that their government doesn’t agree with. It also might be because certain Bitcoin-related businesses may blacklist you due to using gambling sites. This article is meant to give a few pointers on the various techniques of tumbling Bitcoin by sending satoshis through the laundry.

Also read:The Hitchhikers Guide To The Invisible Internet

Why Tumble Bitcoins?

shutterstock_133296158-269x300Recently there have been complaints on forums about Coinbase after using gambling sites, and this has been happening for a few years now. Coinbase explicitly states in their user agreement that sites like this are not acceptable. Then there are also those who use the Dark Net to visit marketplaces, which is not only frowned upon by some Bitcoin service providers, but also puts these users at risk of jail time and criminal penalty.

Precaution must be taken when using Dark Net Markets (DNM) and visiting gambling sites by staying anonymous on a transparent and public blockchain. There are many methods of anonymity one can take by obfuscating their IP address, using a VPN, and surfing the net with

Read more ... source: TheBitcoinNews