4 ms·
Very good article, doesn't go far enough - monero is not anonymous at all. It misses the biggest issue - that analyzing agencies can spam transactions, generati
by nootropicat 9y ago
Very good article, doesn't go far enough - monero is not anonymous at all. It misses the biggest issue - that analyzing agencies can spam transactions, generating thousands of inputs daily. A big fraction of other transactions is transparent (shapeshift or other exchanges) to state agencies anyway. As monero has almost no use, cross-chain mixing with bitcoin/ethereum is way, way more anonymous than monero, and in addition can be done in a way that maintains plausible deniability.
Monero is the worst instance of false security in crypto. Unfortunately, at least in my experience, monero users are impervious to these facts, so darknet busts with ridiculous parallel construction narratives aren't going to stop anytime soon. It's not like fbi is ever going to publicly say that monero isn't anonymous to them.