Bitcoin celebrated its 10th birthday in October 2018, meaning that legally speakng, the whole world of cryptocurrency is still very new. Regulators worldwide are still trying to figure out the appropriate way to oversee and legislate a decentralized financial system that operates outside their framework.
Bitcoin users find themselves in a conundrum these days-- the more bitcoin is adopted, the better its long term prospects and the more their investments are worth. However, with increased public awareness and adoption comes increased regulations and taxes.
Today Bitcoin Laundry is happy to announce that we have updated our fee structure and reduced our service fee to only .1% Now you can enjoy our fast and reliable mixing service for one of the lowest rates on the market. Time to get those coins squeaky clean!
For many, the privacy offered by bitcoin and other cryptocurrencies was one of the main reasons to invest in the first place. Holding assets not directly associated with one's real-life identity allows cryptocurrency users to experience financial independence from government authority.