They say they can trace your block address on the front and back of a washer now. Bitcoin might as well be Capital One.
I have a hypothesis on how to by pass prying eyes but it requires a ton of wallet swaps, exchanging and stealth using properly configured tails and tor. And it's far from tested so I won't go into details until it's worked out.
And while slick $100 cold wallets bought off a website may be the safest way to hold coins I'm not convinced yet that the actual contents can't be logged somewhere else everytime you plug in.
If you buy something on a normal market they probably have your wallet address, your home address, email and can tell if your holding, spending and where your spending. Running through a washer (that the feds probably own by now) is no good either.
It's better to switch to a privacy by default coin like Monero (XMR) if you are serious about privacy. If your security\privacy settings aren't default or extremely simple to use they will be mostly useless. Look at PGP as an example. Great encryption but awful usability so it's pretty much useless since people using it use it wrong and then leak their message or private keys
Holly Molly. Why would anyone use Bitcoin mixer to get "shady bitcoin income" exchanged for others "shady bitcoin income" while using shady bitcoin mixer with anonymouse owner just waiting for big "order" to run away with?
Especially when I can trade BTC for XMR, Zcash or DASH, hide transaction history, and purchase back BTC from legit sources.
And this would cost me less than Bitcoin mixer service.
What would a Bitcoin mixer do and is
They say they can trace your block address on the front and back of a washer now. Bitcoin might as well be Capital One.
I have a hypothesis on how to by pass prying eyes but it requires a ton of wallet swaps, exchanging and stealth using properly configured tails and tor. And it's far from tested so I won't go into details until it's worked out.
And while slick $100 cold wallets bought off a website may be the safest way to hold coins I'm not convinced yet that the actual contents can't be logged somewhere else everytime you plug in.
If you buy something on a normal market they probably have your wallet address, your home address, email and can tell if your holding, spending and where your spending. Running through a washer (that the feds probably own by now) is no good either.
With a mixer it can be, that you get bad-marked btc also.
I think the better way is to get Monero and change back.
It's better to switch to a privacy by default coin like Monero (XMR) if you are serious about privacy. If your security\privacy settings aren't default or extremely simple to use they will be mostly useless. Look at PGP as an example. Great encryption but awful usability so it's pretty much useless since people using it use it wrong and then leak their message or private keys
Holly Molly. Why would anyone use Bitcoin mixer to get "shady bitcoin income" exchanged for others "shady bitcoin income" while using shady bitcoin mixer with anonymouse owner just waiting for big "order" to run away with?
Especially when I can trade BTC for XMR, Zcash or DASH, hide transaction history, and purchase back BTC from legit sources.
And this would cost me less than Bitcoin mixer service.