Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The way Monero works, you can simply have two monero addresses/IDs. The one you get the initial coins (cash, bank transfer, doesn’t matter), then transfer to the second one. Then you can buy whatever you want anonymously from the second one. That’s the whole point of monero, that it is not possible to trace transfers, to the contrary of bitcoins where every transfer is in the ledger.

Or am I missing something?



isn't this the point that the people in power start to look into your finances and asking questions? especially if copyright is involved, there is effectively infinite resources to be spent on chasing you. you need to remain careful not to slip up every single time - they just have to be lucky once.


Yes, this is the crucial point. It's probably not even that hard to get a pile of semi-clean Monero. Cashing it out, paying or avoiding taxes on it, and avoiding lifestyle signs. Best I've come up with is that I'd spend it all donating crypto to OSS projects that I want to see succeed.


> Or am I missing something?

blinding hatred of crypto? Otherwise, nothing as far as I know.


Who hates crypto on this thread? I rather saw hatred of ATMs =)


the opposite of blind faith is suspicion/disbelief, not blinding hatred.


That's fair, I take back my comment. I don't think it was very fair to you and the dialog in the thread. Goes for the other replier as well.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: