• 1 Post
  • 8 Comments
Joined 2 years ago
cake
Cake day: July 4th, 2023

help-circle
  • liliumstar@lemmy.dbzer0.comtoPrivacy@lemmy.mlCrypto
    link
    fedilink
    English
    arrow-up
    9
    arrow-down
    2
    ·
    3 days ago

    It’s increasingly harder to exchange for fiat anonymously, especially when you consider XMR or other privacy coins. Once the people in charge of money realized they were a bit subverted, you got the huge crackdown.

    I still use it for various things. Buy LTC from a legit licensed exchange. Move it around a bit. Change to XMR through an exchange that doesn’t care. Maybe move it around some more. It’s a giant pain, but I don’t know a better way. This method isn’t perfect, more of a balance of risk, but it’s better than just handing your entire entity over for a simple transaction.