Anyone have any experience with this in light of coinbase’s announcement that they may be handing over addresses of wallets that people sent their coins to from KYC exchanges?
Mixing/making your BTC anonymous
Landon Flores
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Nathaniel Morris
Just mix it and send it to yourself a few times in different amounts to different addresses when fees are cheap.
Carter Gray
JUST USE XMR DUMBASS
Hudson Diaz
Only way to really do it is to move out of bitcoin into a privacy coin like Monero then back into a fresh wallet. The point of what coinbase and the government are doing isn't trying to make you unable to get anonymous bitcoins, its to make it impossible for you to cash out anonymous bitcoins. Ironically, if they go through with this, your only option will be to ACTUALLY launder your money to cash out properly. I hope you like construction equipment auctions.
Landon Butler
Isaiah Sullivan
Oh hell yea i don’t care the ones I’ve bought anonymously via crypto ATM’s are my hedge against the Jewish financial system and fed BRRRRR and I wouldn’t even consider selling them until 2025 anyways. I’d say prolly 30-40% of my stack of BTC and Link I’ve bought off KYC exchanges via ATM’s but I was a dumbass and sent some of my coins off coinbase to those wallets I’m storing stuff I’ve bought from the ATM’s.
Using TOR and trusting some shady mixing website seems like a good way to get your coins stolen. If it’s legit I’m open to the idea though.
Jacob Williams
Cake wallet to XMR then back to btc
Leo Phillips
>Using TOR and trusting some shady mixing website seems like a good way to get your coins stolen. If it’s legit I’m open to the idea though.
that's not what monero is dumbass. Monero is a cryptocurrency sold on exchanges similar to Bitcoin.
Swapping Bitcoin to Monero will prevent your crypto from being traced.
Logan Gutierrez
Bruh, you can literally swap all of your shit into XMR using morphtoken or flyp, dump it all in a fresh wallet, then use them again to resdistribute back into your hodl coins. Should take about 20$ in fees per 10k$ stack and then you're home free. Laundering crypto is sub-80iq business.
Robert Stewart
Coinbase > Ledger A > Ledger B > Profit.
Just purchase a painting and say that you paid crypto for it. Done.
Jordan Lopez
This. I got curious about this stuff yesterday and it took me less than 30 minutes of research this is the best way to anonymize btc.
Hunter King
I know what monero is I miss read and thought you were talking about a monero/BTC mixing site where you have to convert your BTC to monero and then send it somewhere else. Monero sounds cool in theory but if you want to convert it to fiat I don’t think any exchanges allow it.
Mason Cook
Nigga btc -> xmr -> one or more btc wallets -> fiat
Angel Harris
Literally just use ren... LMFAO at you fucking spastic cunts
John Davis
Nobody cares about your shitcoin you stupid, greedy little third world queer.
Kevin Johnson
This sounds good appreciate it user
This was my other thought could I just swap them to another wallet or would some ZOG analyst be able to track it? It’s really not that much just like 2-3 BTC and a couple thousand Stinkers. I mean if I just move it to a newer wallet on my Trezor than coinbase wouldn’t be able to report to the ZOG that I moved coins from one off exchange wallet to another right?
Henry Wood
>Using TOR and trusting some shady mixing website seems like a good way to get your coins stolen. If it’s legit I’m open to the idea though.
the absolute state of this board
Eli King
Yea. Idk. Wouldn't going to morph token to convert trigger a taxable event and then you have to pay taxes on it?
Easton Ward
Bump
Ian Nguyen
I’d like to know this also
Colton Bennett
bump
Luke Edwards
There's an entire wallet project dedicated to fixing this exact problem. It's called wasabi and glow niggers from interpol fear it.
Kayden Russell
Red pill me on wasabi.
Sebastian Allen
Read the website, explains it better than I can:
wasabiwallet.io
Basically when you make a transaction is mixes with other transactions in a way that it breaks the relationship between your coins and the output to the point where chain analysis doesn't work anymore. INB4 some retard says it's been broken already.
Grayson Rivera
So it sounds like a BTC mixer, which could be run by your government. So be careful.
Connor Martin
lol, you didn't read the website did you? It's not a centralized mixer.
Tyler Anderson
Use an ATM, they fleece you on the exchange rate, but you won't have to pay taxes.
Gabriel Wright
Use an ATM to exit your position?
Jose White
BTC atms have KYC still and report you
Henry Morgan
How can they KYC if you give them a fake name?
Bentley Gonzalez
I’ve already done this and used fake names/friends names and numbers to limit my exposure my question is if I mix crypto I’ve bought via these ATM’s in that manner in a wallet I’ve sent coins to from coinbase can the feds prove they belong to me since coinbase would have that wallets address or is it as simple as then moving the estimated amount I bought via the ATM’s to a new wallet?
Jordan Martin
Also it’s incredibly easy to use fake numbers and names at ATM’s. My only worry is if I go to cash out a couple million via coinbase (say I spent about 30k or so legally from my bank account with coinbase) would they then report to the ZOG those wallet addresses I stored my crypto off coinbase with that’s mixed in with the anonymous coins I bought in cash via the ATM’s?
Joseph Brooks
Bump
Ian Green
Honestly we should probably just buy XMR, bite the tax bullet and then re purchase bitcoin.