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Reread the comment again, do you know much about Monero? Otherwise I buy BTC on Bisq without asking anyones permission nor handing over license + passport deta

Reread the comment again, do you know much about Monero? Otherwise I buy BTC on Bisq without asking anyones permission nor handing over license + passport details.

bduerst 7y ago
If the exchange has your information, that means you're identified when you convert monero to BTC and vice versa. You're traceable from the market regardless because the BTC leads back to the exchange wallet that required multiple forms of your identification to use.
- DarthGhandi 7y ago
  Sigh,the bullshit asymmetry principle at work. Can you please read the original comment and understand that Monero is claiming to be not traceable. Make no claims for them but some well regarded mathematicians do. Can you read about xmr.to the site that uses a very large prominent Bitcoin exchange as a backend yet still has an onion frontend to exchange XMR to BTC. Can you also read my comment about buying Bitcoin from Bisq without providing any centralized source with passports/licenses/dna. What exactly is your point here, incredibly interested in some elucidation? I'll pay you $10,000 (held in escrow) if you can show me how to prove ownership of coins going from Bitcoin to Monero to Bitcoin via xmr.to Any day, any time. Offer is open to anyone in Earth. Reply here for interested parties.
  - bduerst 7y ago
    Nobody here is claiming that Monero alone is traceable. No one. The proposed solution was to convert/tumble Monero with BTC. My reply is that the majority of the trusted exchanges where you do said conversions require multiple forms of identification from you to even have an account. Even the more popular ones like shapeshift.io have switched to verified accounts as law enforcement has cracked down on above-the-table exchanges. XMR.to is not a trusted exchange. So when you use BTC on the honeypot market, the law enforcement can trace the BTC back to your exchange and make a request there for your information. It doesn't matter if Monero is involved because the BTC exit point from the exchange to the market is still traceable to you.

Reread the comment again, do you know much about Monero? Otherwise I buy BTC on Bisq without asking anyones permission nor handing over license + passport details.

bduerst 7y ago

If the exchange has your information, that means you're identified when you convert monero to BTC and vice versa. You're traceable from the market regardless because the BTC leads back to the exchange wallet that required multiple forms of your identification to use.

DarthGhandi 7y ago
Sigh,the bullshit asymmetry principle at work. Can you please read the original comment and understand that Monero is claiming to be not traceable. Make no claims for them but some well regarded mathematicians do. Can you read about xmr.to the site that uses a very large prominent Bitcoin exchange as a backend yet still has an onion frontend to exchange XMR to BTC. Can you also read my comment about buying Bitcoin from Bisq without providing any centralized source with passports/licenses/dna. What exactly is your point here, incredibly interested in some elucidation? I'll pay you $10,000 (held in escrow) if you can show me how to prove ownership of coins going from Bitcoin to Monero to Bitcoin via xmr.to Any day, any time. Offer is open to anyone in Earth. Reply here for interested parties.
- bduerst 7y ago
  Nobody here is claiming that Monero alone is traceable. No one. The proposed solution was to convert/tumble Monero with BTC. My reply is that the majority of the trusted exchanges where you do said conversions require multiple forms of identification from you to even have an account. Even the more popular ones like shapeshift.io have switched to verified accounts as law enforcement has cracked down on above-the-table exchanges. XMR.to is not a trusted exchange. So when you use BTC on the honeypot market, the law enforcement can trace the BTC back to your exchange and make a request there for your information. It doesn't matter if Monero is involved because the BTC exit point from the exchange to the market is still traceable to you.