"Bitcoin isn't anonymous"

If you committed a crime and they have "probable cause", they can confiscate your computer and search your house as well, just on the "hunch" that user has the Bitcorns

This is the mai usecase for Monero

The only way you could be totally anonymous is if you were given or airdropped tokens that appreciated in value to a private wallet, then used that stack to trade around. Even then you would have had to only bought things using crypto

I actually have an ethereum wallet like this that I'm keeping "clean" in case that ever becomes important

You can break the chain of evidence by converting to a privacycoin like XMR and then back again. Of course if you do this in a very large amount, it'll still be easy to deduce which BTC-to-XMR transaction aligns with the XMR-to-BTC transaction. But if you split up the transactions it should be essentially foolproof AFAIK

Alternatively, couldn't you just move your coins on and off multiple different exchanges back to back? It'd be similar to TOR where you'd need every single exchange to work together to backtrace the chain of transactions back to where you first purchased the BTC with KYC.

What if you had 2 accounts on one exchange and immediately bought your own sell orders haha

>bitcoin machine machine

>wat

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its fine til you want to cash out. or spend it on real life items especially over 10k.

lol

>we're all getting our doors kicked down by gangsters/junkies when our deta-
BANGBANGBANGBANG

you have to wrap it with monero

it's like your IP address. nobody can prove you're the one using it, but you're the one likely using it and that's good enough for the feds to lock you up

if you understand public/private keys then this concept is not complicated

because internet
even if you bought with cash unless you constantly change your ip a 'questionable' transaction can be traced to the node that signed on it, it gets confiscated by feds and they pull an ip list and find out which wallet the transaction came from

they then have an ip attached to the wallet and track all traffic coming from that ip until some identifying information shows up from that ip (login credentials, online shopping, email, etc.)

with new legislation coming you will have to know who you're sending funds to.

This is the kind of retards institutions are trading against...

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do you really have no refutation to my simple point?

here's my bitcoin address, dox me:

bc1qsh53lp5d5n86mmuczfpy09zeaqc0v4z5gtefu9

>Haha I totally got this idiot with his typo. This will go great on reddit. wait...

silly user, you can't shoot the fed.

If you use a bank at all it's all traceable.. They see it went to this exchange, then this wallet, then they know what you're wallet is and can see EVERYTHING. I mean who thought this shit was anonymous ever.

youtube.com/watch?v=AJGLhaUV8QM

this is all you need to know

You are safe unless you looked up your bitcoin address on a blockchain explorer... you didn’t actually tie your IP to your bitcoin address did you user??

You can buy straight from another person, no? Give cash face to face to a stranger, watch stranger send btc to your address. Requires more work and some blind trust, but doable regardless.

>sell btc to individual (slight discount)
>transaction seen as transfer (tax write off)
enjoy buying shit with your cash

This is what bugs me with all the privacy coins. How exactly do they work? Haven't bothered to DMOR because haven't bought any, but the thought springs to mind every now and then.

do it in a public place. bring protection/a buddy

Still requires some trust, depending on the amount being bought, but good point.