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No, that’s not what my comment intended to say. While some exchanges say they will ignore everything after a few hops, blockchain analysis companies can track them fine. Moving Bitcoins between wallet is not anonymity and does not give you plausible deniability against law enforcement.

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>Moving Bitcoins between wallet is not anonymity and does not give you plausible deniability against law enforcement.

Moving fractions of bitcoin between 100+ wallets using something like coinjoin absolutely gives you plausable deniability and anonymity, how would anyone know what % is still in your custody?

With enough people doing this, eventually all bitcoin will be tainted. At that point will exchanges start to refuse 100% of all bitcoin being deposited?

I think its more likely chainalysis goes bankrupt.

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