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/biz/ - Business & Finance


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7983057 No.7983057 [Reply] [Original]

can someone give me a realistic scenario in which an average person that isn't a criminal/terrorist/drug user would ever want to make a transaction that is completely untraceable?

>> No.7983075

buying a coffee

>> No.7983087

Buying a beautiful flower for your loved one

>> No.7983091

>>7983057
Buying anything without angering the wifey.

>> No.7983104

>>7983075
/thread

>> No.7983107

>>7983057
Hiding assets from ur spouse in a divorce I guess

>> No.7983110
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7983110

>>7983091
good banks can already do that for you

>> No.7983115

Paranoid delusions

>> No.7983143

>>7983075
fpbp

>> No.7983166

Divorce

>> No.7983171

>>7983166
hEEYOOOOO!!! wop wop wop

>> No.7983197

intelligence agent

>> No.7983273
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7983273

>>7983166
How the fuck did it take this many posts?

Oh wait. .
>where am I. .
>marriage
>implying

>> No.7983294

PLEASE!

LEE ME ALONE!

I JUS WAN TO BE LEF ALONE!

>> No.7983302

>>7983057
I'll answer your question with a question.

Why should the government or the banks know your transaction history? It's not their place.

>> No.7983312

Hiding money from the taxman or divorce lawyers

>> No.7983324

tax shelter

>> No.7983340

>>7983057

Its not even always about being untraceable... Who wants WHOEVER you pay with crypto to see your entire wallet balance?

>> No.7983343

>>7983057
So companies can sell items for a discount to large buyers without angering others for not getting the same good deal.

>> No.7983348

>>7983057

- people living in venezuela, middle east, north korea
- people living under any repressive government
- journalists, prisoners of war
- people wanting to donate to political causes
- wanting to donate to things that the government might not approve of, like wikileaks
- people who love freedom

>> No.7983372

>>7983107
This x 100.

Already started a monero stash.

>> No.7983397

>>7983057
We do this everyday with cash

>> No.7983408
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7983408

>>7983340
this
if banks operated the same and there were banks that operated as 'normal' (where the only person that can see your bank account is yourself) then people would flock to that bank because privacy is a basic human need that is currently under attack due to the global push for a surveillance state

>> No.7983423

>>7983057
Because btc is no way anything near peer to peer cash, it's not fungible. Monero is the only crypto where each xmr is identical ti each other xmr. If you are a merchant accepting btc, now everyone can spy you through your pubblic adress - business competition, robbers, clients etc. Also if you buy a beer with btc now the barman knows how much money you have in your phone and could call some criminal friends of his which will rob and buttfuck you in a dark alley.
Xmr is the only true digital cash - period

>> No.7983438

>>7983397
yeah just go ahead and mail $3000 in cash to the other side of the planet.

>> No.7983443

>>7983057
The only time I could ever imagine wanting a transaction to be traceable is if your a nigga who needs receipt alibis, otherwise
>buy some porn
>get black mailed
>buy literally anything
>have your identity stolen

>> No.7983454
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7983454

>>7983110
>hey guys there are monopolies that already do that while leeching off your money and enabling a range of fucked up shit globally, why would you want to go with new technology that offers you more independence and functionality?

huuurr

>> No.7983494

>>7983438
Lol that's why monero exists. You're not refuting his point at all. Monero exists as digital cash

>> No.7983497
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7983497

>>7983057
Someone who doesn't want these guys knowing he has crypto and coming to his house.

>> No.7983506

Do all your transactions in public, let everyone know you are rich so they come begging or rob your house, let every client know exactly how much money you make, where you buy your stuff, when their order got processed, let your wife see every penny you spend, let your health insurance know how much you spend on inhealthy food ... If i need to go on that means you are retarded.

>> No.7983536

Wouldn't a better question be: "Why would you want anybody to know your transaction history ever?"

>> No.7983577

>>7983057
it's called fungibility and it's the same reason goldbugs exist.
sex toys, porn, and hookers are a great use-case
furthermore, there are countries with draconian laws where financial privacy for what we would consider upstanding citizens may be needed.
i'm sure there are more. but really when John Nash outlines what an ideal currency should be and you see the one and only crypto having all of these qualities -- you invest.
sincerely, someone who accumulated from $2-10

>> No.7983632

Not saying it will happen but if the crypto dream came true, where it replaced currency, literally everyone.

How would you feel if everyone in the world could look into your bank account, see how much money you have and exactly where you spend it? No one wants that.

>> No.7983658
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7983658

>>7983110
why would i want them to control my money when i can leverage the exact same open-source algorithms they would use to ensure my data integrity?
the entire point of crypto was to escape banks; it was birthed from the 2008 financial crisis.

>If you don't want to accept that, I don't know what else I can do for you. - Will there be something else?

>> No.7983665

>>7983577
Me too man, had some crypto in 2016 but sold everything like a retard before the mega bullrun, still i felt there was something special about monero and not selling for a few more years - the only comfy hold there is in crypto (that and btc)

>> No.7983672

>>7983057
its not only transactions it is also the anon balance. no one will know how much money you have except your self

>> No.7983729

>>7983665
Also the only team and community that doesnt give a fuck about hype! It never moons like other shitcoins but in the end we are going to be rewarded because it's serious tech and at least i can sleep with it knowing it wont crash 70% like 99% of the garbage on cmc.

>> No.7983783

My only concern with privacy coins is someone could decide to zero out your account and you'd have no evidence or recourse. For all you know it could have been a move that broke the blockchain rues. At least with a public blockchain you can see where it went.

>> No.7983829

The most critical flaw in Bitcoin is its lack of privacy. If you give me your Bitcoin wallet address so that I can send you a payment, you immediately compromise your privacy. I can see as a matter of public record how much money you have in your Bitcoin wallet (there are messy workarounds to attempt to fix this problem, which we will address shortly). The same situation applies even if you are the one sending Bitcoin. Any recipient can then see how much money you have in your Bitcoin wallet, both now and in perpetuity. To understand how critical this privacy problem is, consider the following scenarios:

You are travelling through parts of a country with a medium to high violent crime rate. You need to use some of your Bitcoin to pay for something. If every person you transact with knows exactly how much money you have, this is a threat to your personal physical safety.

You are a business that receives a payment from a supplier. That supplier will be able to see how much money your business has, and therefore can guess at how price sensitive you are in future negotiations. They can see every single other payment you’ve ever received to that Bitcoin address, and therefore determine what other suppliers you are dealing with and how much you are paying those suppliers. They may be able to roughly determine how many customers you have and how much you charge your customers. This is commercially sensitive information that damages your negotiating position enough to cause you relative financial loss.

>> No.7983848

>>7983829
You sell cupcakes and receive Bitcoin as payment. It turns out that someone who owned that Bitcoin before you was involved in criminal activity. Now you are worried that you have become a suspect in a criminal case, because the movement of funds to you is a matter of public record. You are also worried that certain Bitcoins that you thought you owned will be considered ‘tainted’ and that others will refuse to accept them as payment.

Monero solves these privacy issues by automatically applying privacy techniques to every single transaction made. You can have confidence that it is not possible to own ‘tainted’ Monero. This is a concept in economics known as ‘fungibility’ and is historically considered an important characteristic for any currency to have.

>> No.7983857

>>7983057
Having an affair.

>> No.7983884

>>7983783
Monero has a method for proving a transaction that you made took place, if that's what you're concerned about.

>> No.7983897

UK bans porn > people buy porn with crypto
Muslim majority germany bans pork > germans buy volkish bratwurst with crypto
Nigger majority US bans whitey > whitey creates white only libertarian ethnostate in alaska using cryptocurrency
Nigger majority france bans baguette and skinny jeans > frenchies buy baguettes and skinny jeans with crypto

etc

>> No.7983960

>>7983783
I mean, it doesn't really matter that much does it? You can't reverse a transaction. I suppose you could try to sue the thief or something

>> No.7983974
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7983974

>>7983897

>> No.7984016
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7984016

>>7983057
>be a fortune 500 company
>don't want new multi-million dollar business deal visible on a public ledger before announcing to public

/thread

Saged.

>> No.7984050
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7984050

>>7983897
>>7984016
based

>> No.7984272

>>7983829
>You are a business that receives a payment from a supplier. That supplier will be able to see how much money your business has, and therefore can guess at how price sensitive you are in future negotiations. They can see every single other payment you’ve ever received to that Bitcoin address, and therefore determine what other suppliers you are dealing with and how much you are paying those suppliers. They may be able to roughly determine how many customers you have and how much you charge your customers. This is commercially sensitive information that damages your negotiating position enough to cause you relative financial loss.
+
>>7984016
>>be a fortune 500 company
>>don't want new multi-million dollar business deal visible on a public ledger before announcing to public
/thread

>> No.7984323

>>7983110
do good banks pay me to process their transactions?

when a good bank makes money off of my bank account do i gain any money?

>> No.7984352

>>7984016
>>be a fortune 500 company
>>don't want new multi-million dollar business deal visible on a public ledger before announcing to public
>just use a bank wire
>don't use funnymoneyshittokens like /bitards believe

lmao youre all beyond deluded
/thread

>> No.7984438
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7984438

>>7984352
We're talking about a hypothetical situation in 20+ years from now when fiat is virtually worthless.

>> No.7984450

>>7984352
>monero
>shittoken

>> No.7984469

>>7983057
Autism which happens to be increasing exponentially

>> No.7984516

>>7983057
>a realistic scenario

Financial privacy so your kids don't get kidnapped.

>> No.7984543

>>7983423
>btc is no way anything near peer to peer cash

Unless lightning works.

>> No.7984593

>>7984450
>fortune 500 company
>monero
quit the shit nigger

>> No.7984603

>>7983057

Buying gas.

Paying my bills.

Buying my monthly supplements.

Buying my mistress plan B

Fucking anything. There's no reason for my purchases to be accessible by large corporations to use as leverage. Fuck you for thinking otherwise.

>> No.7984631

>>7983057
FUNGIBILITY

>> No.7984678

>>7984593
The uses for Monero are unlimited. Nobody has any business knowing somebody else's transactions and wallet balance unless those transactions are specifically meant to be published. That's the point.

>> No.7984706
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7984706

I like the concept and technology behind Monero, the only problem is that the name is fucking stupid.

Alt-coins are all about marketing, and if the name is god damn retarded sounded it will never moon.

>> No.7984746

>>7984706
The coin with the second largest market cap is called fucking Ethereum. Monero is fine.

>> No.7984792

>>7983057
I want all my transactions to be untraceable, ain't nobody's bidness

>> No.7984793

>>7984706
what the fuck is wrong about the name "monero"?

>> No.7984830

>>7984706
Kill yourself

>> No.7984845
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7984845

literally no one gave any real answer

>muh divorce
or you can just sign a fucking prenup
>muh tax evasion
if you tax evade that means you are already a criminal
>muh privacy
good banks can already offer you full privacy and anonymity, its a bank, its their fucking job to please their rich clients
>bb-ut da government will know my transactions!!
they can't have your bank transactions unless they have a warrant, which means you are already a criminal
>bb-but the bank clerk will now know I purchased 5 dragon dildos
nobody cares about your transactions and even if they did no bank is dumb enough to risk their whole reputation and business for it
>b-but the government became totalitarian socialist and banned muh freedumbs!!!
unrealistic scenario and applies only to shithole countries

>> No.7984864
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7984864

>>7983897
>whitey creates white only libertarian ethnostate in alaska using cryptocurrency

>> No.7984877

>>7983057
Monero's not for the average pajeet user. its for the chad underworld pimps who know where the tide is turning.

>> No.7984886

>>7984845
You're mostly right but prenups are thrown out in court all the time in the US, they're meaningless

>> No.7984895

>>7984845
Prenups get throw out on courts all the time, you fucking brainlet

>> No.7984902

Public officials paying for porn of any type

>> No.7984905
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7984905

>>7984845
>Nothing to hide, nothing to fear goyim.
People like you need to be euthanized for the safety of the human race.

>> No.7985003
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7985003

>>7983848>>7983783
This

>> No.7985012

>>7983057

> Paying for porn or other stuff you want to keep private without having the money traced to your cc
> Fully anonymous donations
> Fundraising social projects in countries where the government controls the banks
> Buying surprise gifts
> Sending money to relatives stuck in dictatorships

I can think of a couple more on grey areas like betting.

>> No.7985035

>>7983057
I only care about the gains. It is one of the fastest rising coins and has a hard fork coming.

>> No.7985045

literally any transaction where you don't want the other party to know exactly how much money you have

>> No.7985053

>>7983423
>fungible

This, right here is the #1 reason for Monero. There's a LOT of legitimate uses that people want anonymity for, not to mention protection against theft. Corporate intelligence (ie figuring out WTF your competitors are up to) is BIG.

Imagine if Microsoft had a wallet, and suddenly millions of BTC left it, for a wallet held by Apple. We now know maybe there's a merge, a buy out, who knows? Then the markets all go crazy etc. Competitors start scrambling to head them off.

If the whole thing can happen via something like Monero, it's better for the companies involved.

And let's not forget, not all laws SHOULD be obeyed. Not all governments ARE friendly. That might be such a bug deal in the West - but imagine you're a farmer in Rhodesia trying to GTFO before your family are macheted into little pieces. You really think having the ability to toss your capital into Monero, and get it out again after you successfully escape and evade the death squads is a bad thing? Shit like that happens ALL the time anons. While there'll be grumbling from the regulators about it, there's too many good uses for privacy coins to ignore. If the price is a few drug dealers can launder money more easily, so be it.

>> No.7985370

>>7983057
why does any government or business have any right to know how much money I have of be able to tell me what I can do with it. both my last two transactions to the ukraine have been denied by moneygram because they feel "uncomfortable" with it. Why should i not be able to send undisclosed amount wherever and whenever?

>> No.7985381

>>7983408
is it anon?
Do you carry a cell phone?
Do you have any SOCIAL MEDIA?

Even if you don't, you're in the minority.
The majority of people anymore give up their anonymity for the pleasure of likes.

A bank account. A social credit score.
Blockchain. Thats what's next.
Visible.

>> No.7985500

I don't want the seller to know all my past transactions and balance.
Instead of creating tons of wallets I can only use one - monero.

>> No.7985742

If your making a business move (buying a smaller company) and you don't want your competitors to know about it.

In a divorce and you wanna hide buying/selling assets is another one.

>> No.7985809

>>7983057
well alot of people just believe in the importance of privacy so they want to see it succeed for a currency.

>> No.7985833

>>7983057
It's called being innocent until proven guilty. Niggers can't into liberty.

>> No.7985835
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7985835

>>7983057
>A man wanting to buy a ring for his side girlfriend

>> No.7985905

>>7983340
fucking this. when i realized the entire transaction history of most cryptos was publically accessible i couldnt believe it

it's for this reason i think monero is gonna be huge in the 12 months, especially as normie money enters the market and they get to learn the same thing i did

>> No.7985974

>>7985053
don't you get it you fucking basementnerd?
microsoft will never have any stupid wallet where they held their company funds
are you stupid?
they will use their bank, that easy
"ey mr. gates here is the laser edged plate with the private keys to the 3 bil venture fund"
you on crack nigger?

>> No.7986011

>>7983057
>only criminals need anonymity

I'm a journalist. I, and most other journalists have ways for sources to contact us through Tor, because they require anonymity. Not because they are criminals, but because most of them are in vulnerable positions and might lose their lives, jobs, etc for reporting something important.

Same goes for anonymous transactions. If I need to send money to a source, especially government affiliated anywhere in the world, to ensure that he survives, I'd need to use Monero.

>> No.7986018

>>7985742
if you aquire a company then you use a fucking bank
have you any idea how the real world outside your basement works?
are you all stuck in some sort of blockchain psychotic disorder?
too much linky linky?

>> No.7986063

>>7985381
The masses have always been easily manipulated and subverted. To rise above is the ideal.

>> No.7986071

>>7984845
>>b-but the government became totalitarian socialist and banned muh freedumbs!!!
>unrealistic scenario and applies only to shithole countries
not unrealistic at all.
if labour get in in britain theyre literally gonna take money out of people's bank accounts. even the last labour leader, ed milliband, said he'd do this.

>> No.7986100

>>7986011
This. Besides if someone was a terrorist or drug user or whatever they would have other ways to track and find them like sting operations,etc.

>> No.7986104
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7986104

yea the idea of private person-to-person transfer of wealth is absolutely ridiculous

>> No.7986118

Hiding sexual deviancy

>> No.7986121

>>7985381
>A social credit score.

China is already developing a social credit system, and intends to have most of the infrastructure in place by 2020. So it's only a matter of time before the West adopts it.

>The Social Credit System is a proposed Chinese government initiative for developing a national reputation system.
>It has been reported to be intended to assign a "social credit" rating to every citizen based on government data regarding their economic and social status.
>It works as a mass surveillance tool and uses the big data analysis technology.

>> No.7986143

>>7986018
>have you any idea how the real world outside your basement works?
lol, you dont understand the shit real businesses do to avoid the in land revenue.
that's understandable, you probably still dont grasp how fucking deleterious tax is

>> No.7986163

>>7986018
https://cointelegraph.com/news/bank-of-america-our-inability-to-adapt-could-see-a-failure-to-compete-with-crypto

Are you dumb. Most people are in crypto because they hate banks and don't want to deal with them anymore.
>b-but banks aren't going anywhere
That's what people like you said about Blockbuster Video.

>> No.7986222

>>7983057
when the average person becomes a criminal

>> No.7986257

>>7986104
>L11180916G

>> No.7986278

>>7986163
most people are in crypto because you can make insane gains by getting in early in total vaporware and selling it to retards for a way higher price
95% of this shit will go nowhere
are you completely deluded?

>>7986143
i worked in a tax related field you stupid nigger
businesses use the lgale loopholes to avoid taxes, there are enough
and they pay that there are enough loopholes exist
>use monero
boy, youre so retarded, it makes no sense to speak to you
must be the linksyndrome
complete brainfailure

>> No.7986304

>>7983087
Buying a loved one

>> No.7986318

>>7986257
show me the transaction history of one of your bills

>> No.7986342

>>7986318
i can't and you know it. my point is that cash is not fungible

>> No.7986345
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7986345

>>7983075

>> No.7986376

>>7986342
So Monero is even better than cash? Sweet.

>> No.7986406

>>7986342
what? all currencies are fungible.

>> No.7986470
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7986470

>>7984864
Snow jews invade and destroy colony.

>> No.7986488

>>7986406
no they're not. even when the US was on the gold standard they still werent technically fungible. fungible means exactly like for like

>> No.7986551

>>7986488
physical cash is absolutely fungible and the US dollar is arguably one of the most fungible things on earth. how isn't it?

>> No.7986675

>>7986121
Obviously.
I can almost guarantee it'll be based on blockchain tech.
Visible.
Accountable.

>> No.7986733

>>7983057
It's less the purchase itself, more the change, and previous transactions from the change.

Imagine you have a million dollars in Bitcoin, you buy a coffee with a friend, they view the transaction and can then see that either the wallet you used, or a wallet that it linked to it via past transactions

How would that knowledge that you are a millionaire change your relationship? Suddenly you making an excuse you couldn't afford a night out is friendship breaking, or if you are a millionaire why didn't you offer to cover something in the past?

What about your past transactions? What if they see a transaction to an address they belongs to a degenerate shop, or a strip club, something you wouldn't want going around as a rumor.

Thinking more about business, what if you wanted to try out a new supplier, your old one might be able to work out you used a new one and might pester you about the topic. How would knowing a business' balances at any one time effect the stock market? How would you hide a partnership or deal?

You can see, there's lots of things that could in theory be negative about an open ledger. A lot of these things can be fixed through some kind of smarts, using fresh wallets all the time or coin mixing services but that's extra services and time spent managing your money. Wouldn't it be easier just to have all this privacy built in?

There's a reason why privacy coins like Monero, Bulwark or Bitcoin Private have so much hype and potential behind them.

>> No.7986739

>>7986675
yeah a good thing you "bank haters" brought upon society
into the gulag with you incels

>> No.7986862

>>7986551
fiat currencies aren't fungible because they are distinguisable from each other due to having a serial number on them. this means that the authority issungin the currency can determine that certain notes of that currency may or may be treated the same as others.

>> No.7986991

Im also looking into spcetrecoin (xspec).
How does this coin compare to monero?
Is there a future for this coin?

>> No.7987056

>>7986991
Spectre*

>> No.7987093

funny how this thread is basically: "why do you guys care about your rights??? why not give up your rights to private compagnies???"

legally it takes a WARRANT to search into someone data, how is this better than doing something else illegaly?

fucking normies are retarded get off biz and kys fuck I hate you

/SPIT

>> No.7987131
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7987131

seriously I fucking hate normies lol how the fuck can anyone not realize the potential in REAL privacy holy fuck beta cucks that allow everyone to spy on them. NO HUMAN IS SUPPOSED TO BE BETTER THAN YOU WE ARE ALL BORN EQUAL

TOR 4 LIFE NIGGA IF MY NIGGAZ WANT DRUGS WHO AM I TO JUDGE???

FUCK

>> No.7987139

ANON LISTEN. No privacy = no security. The safety of your identity depends on secrets. Passwords, account numbers, mothers maiden name. No secrets = no privacy = no security. Its that simple.

>> No.7987207

Cash is the best form of currency to use for in person transactions. Completely private, and no reversing payments is possible.

Digitally, this would take the form of Monero.

>> No.7987255

>>7983829
you create multiple wallets for different purposes. There you go, now everything you wrote is pointless

>> No.7987286

>>7987131
kys

>> No.7987307

>>7987255
Why would I do that when I can just use Monero?

Normies don't want to create "multiple wallets." I don't carry multiple wallets in my jeans, why should I have to do it digitally?

These currencies are supposed to make our lives easier, not more difficult...

>> No.7987308

>>7983057
The best case scenario for crypto currency is being allowed to exist in a poly-currency market (like it is now except to a greater degree). Normos aren't going to adopt it as the default.

>> No.7987380

>>7987131
>NO HUMAN IS SUPPOSED TO BE BETTER THAN YOU WE ARE ALL BORN EQUAL

Lol there is no such thing as equality. You cant tell me that some pygmy midget pacific islander with a sub 70 IQ was "born equal" to a son born into an anglo saxon family of mathematicians.

>> No.7987416

>>7987307
>These currencies are supposed to make our lives easier, not more difficult...

Convenience was never ever one of the mission statements of bitcoin or monero.

>> No.7987478
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7987478

>>7987131
I hope this is satire.

>> No.7987501
File: 15 KB, 772x187, Screenshot from 2018-02-26 22-46-08.png [View same] [iqdb] [saucenao] [google]
7987501

>>7987416
Yet convenience is one of the main reasons people enjoy these currencies today. Personally, I think it's implied.

>> No.7987547

>>7984845
OP you are correct...there is no use of any of these cryptocurrency. There is good banks..You should definitely stick with that. I am doing that too.

>> No.7987686
File: 3.64 MB, 309x313, 1510559632758.gif [View same] [iqdb] [saucenao] [google]
7987686

>>7986278
>most people are in crypto because you can make insane gains by getting in early in total vaporware and selling it to retards for a way higher price

>> No.7987739

>can anyone give me an actual need for privacy that isnt a criminal/drug user/terrorist

If you have nothing to hide you have nothing to fear.

How do those boots taste, fascist

>> No.7987752
File: 16 KB, 198x302, tor-logo.png [View same] [iqdb] [saucenao] [google]
7987752

>>7987131
SEE ALL THE FUD LOL
I AM TRYING TO PREACH PRIVACY FOR EVERYONE AND THEY BRING ME DOWN

FUCK THE FBI

>> No.7987818
File: 209 KB, 598x670, Cringe.jpg [View same] [iqdb] [saucenao] [google]
7987818

>>7987739
>How do those boots taste, fascist
Please, be joking.

>> No.7987904

>>7987380
ofc they are not equal mentally but we all deserve the same rights. it is not ok for someone to do something illegal to you to prove something illegal. what if he was wrong. now he's just doing illegal stuff to innocent people. tell me I'm stupid w/e because I'm tired and idgaf but anyone who is still human in this age of braindead consumer Internet know this is true.

>> No.7987910
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7987910

>>7983057
can someone explain why monero is more private than say... any other cryptocurrency? if the wife doesn't know your bitcoin address or keys or whatever that's secret too.

>> No.7987923

>>7983057
dildos and other gay shit

>> No.7987937

>>7987910
It's not about the wife. It's that any organization that knows how to use a block explorer can see your transaction history and your wallet balance. Can't do that with Monero.

>> No.7987951

>>7987910
my brotha,
btc:
-private key
-public key
monero:
-public spend key
-private spend key
-public view key
-private view key
literally everything is encrypted, you can change wallets a couple time to be sure but it is literally untracable. you can use it behind tails and literally send payments to anyone accross the world behind TOR without anyone knowing you are even using monero ^_^
read about PGP it will be easier to understand than monero about the public and private keys it's kinda the same

>> No.7987952

>>7983057
you wouldn't have to explain to anyone why you bought a paid membership on a shemale porn site

>> No.7987967

>>7987937
how do they know it's you though, and not an anonymous string of letters and numbers?

>> No.7987977

>>7987951
nor leaving any trace anywhere* literally nowhere in existence is it written unless you hold the private view key ;) it is also more secure than BTC because everything is PRIVATE lol fucking people need to understand this

>> No.7987986

>>7987951
cheers meng

>> No.7988000

>>7987967
lol they trace it to the exchange or whoever cash it out etc. you'd be surprise how many logs of everything there are everywhere ;) just look at the db dumps lol 1.6b passwords last month

NOTHING IS PRIVATE UNLESS BEHIND TAILS AND TOR/WHONIX ON A PUBLIC WIFI IF YOU

>> No.7988038

>>7988000
mb lol I'm fucking tired but basically whonix and tails are 2 os tails doesn't need a hdd or ssd and leaves no footprint, runs from USB, both don't let anything throught xept TOR, imo Tails is safer because getting rid of usb is ezpz

I'm not even doing anything illegal tho, my business was 100% legal(now closed). Just really love the tech behind it + the onion services.

It's crazy how many fucking things are spyware. Everything that isn't open source = spyware. You can't trust shit. It's crazy everything it takes to simply have the privacy you are legally entitled too.

>> No.7988042

>>7987967
Unless you're extensively coin mixing then it'll just get traced back to whatever fiat gateway you used to begin with. Your credit card you bought the btc with, your bank, whatever it was. Simple as that.

>> No.7988057

>>7988042
even with coin mixing it can get retraced, monero is the only way. zcash has a backdoor l0

ALL HAIL MONERO TH

>> No.7988066

>>7983057
I dunno like having the integrity of being a human being and not an object to be spied upon freely.

>> No.7988086
File: 409 KB, 1000x1416, 1517703869288.png [View same] [iqdb] [saucenao] [google]
7988086

>>7988066
PREACH <3

>> No.7988088

>>7988057
Yeah that is true and that is why Dash which uses glorified mixers is a shitcoin. The only reason I even mention it is because even though it's not as good as Monero, it's better than nothing, I guess.

>> No.7988104

>>7988088
gimmick ==! security

>> No.7988149

>>7988104
Word, Monero is the only real privacy coin option that you should be using if your life depends on it.

>> No.7988200

>>7988149
why would you not want your transactions to be secured?

>> No.7988222

>>7988200
Oh no, I would. I meant it like Monero is the only option when it comes to privacy, which really should always be important. If I was regularly spending crypto on real stuff I would want it to be with Monero no matter what I was buying. Hopefully someday that will be a possibility.

>> No.7988333
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7988333

>>7988222
rns, we have allowed ((THEM)) for too long
I'm going to buy McDonald now

gn anon I hope you have a wonderful night~~~

>> No.7988353

>>7988222
I can use monero to pay all my bills. Quite nice.

>> No.7988651

>>7984845
>nobody cares about your transactions and even if they did no bank is dumb enough to risk their whole reputation and business for it
So? Why expose yourself to the risk when you don't have to? Why rely on trusting others with your money when you don't have to?

None of this is an argument against true privacy. There is always a risk in trusting others to handle your sensitive private information. An organization could get hacked and have all their customer details leaked. How many times did that happen just in 2017 alone? I trust open-source cryptography and math more than I trust a bank to have impeccable security.

>> No.7988934

>>7987307


How stupid are you?? Will you ever leave your house with 500k on your phone wallet??? NO. You have your main wallet stashed somewhere and you add money to your phone wallet when it's time to spend money. Just because I have 500k cash in my safe it doesnt mean I'll walk around with that in my pockets... No I'll put a few hundreds in my wallet and refill my wallet when needed.


This is what he means by multiple wallets. Plus most addresses are 1-time use... Idk how stupid you are and how much you understand how bitcoin works... Monero is great at legitimatizing btc tho... BTFOing all the people who once said btc is only used by ctiminals. XMR is not only used by criminals and not bitcoin anymore

>> No.7988951

>>7983057
escorts and boomers who still buy porn

>> No.7988989

>>7983091
What kind of wife does actually track even BTC transactions of her husband?

>> No.7989075

>>7985381
Those are easily manageable,.
You can't expect total privacy in a modern society.
Go live in the Riverland of Brazil if you want total privacy.

You can also only put out information that YOU deem okay for others to see.
Or you can go full neckbeard free tardy and only use payphones and public computers.

>> No.7989143
File: 190 KB, 494x1116, 1519430808872.png [View same] [iqdb] [saucenao] [google]
7989143

funding hardworking oven producers

>> No.7989186

Buy fetish porn

>> No.7989226

>>7984845
retard

>> No.7989321

>>7987255

LMAO idiot, you can still trace the transaction to the original wallet