XMR is a better choice if you want complete anonymity.
this post was submitted on 06 Aug 2023
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ok, XMR then. sorry, very new to crypto stuff. how do you get it anon? do you use site the other guy recommended? mine it? something else?
i heard somewhere that mining is hard unless you spend lot of money on hw but wasn't sure if i could do something like that for smaller amounts like $100 every 6 months or something.
Localmonero
You could get a regular crypto account. It’s been a while so I’m not sure but Binance perhaps.
They do operate with KYC (Know you customer) do you can buy XMR here but you should move it from that wallet to an anonymous one.
Depending on what you are doing it with it you could use a simple app that generates wallets for you. Or you can use a cold storage device.
Never make purchases from a wallet linked to the account where you deposit real money. But if you transfer it out to different XMR wallets then it’s better.
This is from memory and likely wrong it places. Do your own research on how to be anonymous.
I’m not saying this is your use case but looking for guides in using XMR on Darkweb markets should give you all the information you require.
Google things like how to buy XMR anon etc. how to create anon wallets and store them.
You got this OP.
Reason people recommend monero is because crypto like bitcoin has a public ledger, so if you send your bitcoin to a usernet service then the usenet service and along with the exchange used to get the bitcoin will know what you spent the bitcoin on. So you end up having to use mixers to try and hide the transaction.
Monero is just easier where the wallet receiving the Monero should theoretically not know what address it came from because the ledger is private. So once you sent your monero into your own wallet the exchange and anyone you send the monero too would not know the address of your wallet or balance. At least in theory.
You are welcomed to visit !monero@monero.town if you'd like more help. I don't know much myself, but there's others there who do.
If you're only getting a little money, then you can use local monero to trade something for monero. And then use that monero to pay for your services.
If you're going to spend a lot or do this recurring I would recommend just sitting up a central exchange with kraken. Yes they would know you purchased Monero, but once you sent it out of the exchange to your own wallet. They can't trace it anymore. And now becomes your money. The guarantees of Monero/XMR mean that is not traceable.
Now if you don't believe those guarantees that's fine, then you use localmonero.co to get some.
This, I would just buy Monero (XMR) on an exchange with KYC. Once you start using it, it's impossible to link it back to you.
If you are really paranoid, use a throwaway temporary wallet. Transfer from the exchange to that wallet and then from that wallet to your main wallet and throw away the wallet you used to interact with the exchange. You can then honestly claim you lost the keys to that wallet.
thanks guys, i think i am finally starting to get how it works a little
BTC you would "probably" be okay but if you are going full anon i think Monero is the only true anon. im not really into crypto so i dont know how true that is, I just see that mentioned a lot that Monero / XMR is a privacy coin. Cash is king though. Maybe the most annon? frugal usenet and Blocknews actually have a cash payment option on the website at checkout, if you are worried maybe ask them the track record for receiving it. If you are doing VPN to, Mullvad takes cash but you do not need vpn for usenet.
im not really into crypto ... Monero / XMR is a privacy coin
thanks... same here. so much so that until you phrased it exactly that way, I hadn't even put together that "Monero" == "XMR" and thought people were talking about 2 separate coins 😅
frugal usenet and Blocknews actually have a cash payment option on the website at checkout, if you are worried maybe ask them the track record for receiving it.
good to know, thanks
If you are doing VPN to, Mullvad takes cash but you do not need vpn for usenet.
already have a paid, no-log VPN that I torrent with. Mullvad looks awesome but probably won't check it out til mine expires. my current one says my payment and connection info is separate. no way to verify that but at this point, i've been with them over a year and if they were lying, i would be well and truly fucked anyway lol
Not sure where you’re based but in my country you can buy a prepaid Visa cards that work the same as a normal debit card. Just get someone else to buy it for you using cash, use it to buy crypto.
i know the bitcoin atm’s and banks do “know your customer” stuff (basically they id you first)
Depends on your area so make sure to double-check. Many (most?) BTMs only require KYC for larger amounts. e.g. buying $800+ might require KYC, buying less than $800 may only require text message verification. For text messages you can buy a temporary burner phone with cash, or if you're lucky you can find a SMS service that works with the BTM - just be aware most BTMs don't work with virtual SMS phone numbers.
Or your other option is maybe buy bitcoin via cash by mail, some crypto trading websites/platforms offer that.
Or going non crypto you could technically just purchase a pre-paid credit card with cash, you'd just need to make sure the card would work with whatever services you are subscribing to.
Cash is still more anonymous than cryptocurrency, I suppose you can ask the services you're subscribing to if they accept cash by mail (I don't know of any offhand).
PS - Not sure if your post is breaking rules here, this Lemmy instance is anti-cryptocurrency and does have a rule forbidding crypto shill topics. But it might be okay if you're just asking a general question.
^this
I buy BTC on ATMs without KYC (1000 bucks is the KYC limit). Scan your wallet, $$$ in, that's it. Fees are around 8%.
For text messages you can buy a temporary burner phone with cash, or if you’re lucky you can find a SMS service that works with the BTM - just be aware most BTMs don’t work with virtual SMS phone numbers.
yeah, learned already that most verification systems (not just BTMs) don't work with virtual SMS. I have no clue how to tell if a service works or not so unless someone can specifically recommend one they know works, then will probably pass on that option. for the cash money burner phone, good idea. never tried it cz it cost extra money and figured they would locked that options down already
Or going non crypto you could technically just purchase a pre-paid credit card with cash, you’d just need to make sure the card would work with whatever services you are subscribing to.
that is an awesome idea. didn't think of that at all. might be something to try and at least if it doesn't work (like they require registration or some shit - i remember i got a prepaid card once that did require that kind of crap), i should be able to still spend the money on groceries or something.
PS - Not sure if your post is breaking rules here, this Lemmy instance is anti-cryptocurrency and does have a rule forbidding crypto shill topics. But it might be okay if you’re just asking a general question.
The way I read it was no spam / advertising / promoting for cryptocurrency, blockchain or NFTs.. so I think I'm ok especially since is more asking about how to stay anon while purchasing services related to piracy than about any specific crypto but if any mods/admin reading this disagree, please let me know. def wasn't trying to break any rules and happy to delete or revise if needed.
You aren't going to be able to mine more than a few cents of Bitcoin a month without specialized hardware.
As mentioned, Monero is best for privacy.
If you must use Bitcoin specifically, one option is to "wash" whatever you buy by using an exchange that allows anonymous account creation, then converting it to XMR and back before using it. You can also find someone to trade with in person for cash. There at least used to be localbitcoin to help facilitate that, if that's even still a thing.
thanks for the reply
If you must use Bitcoin specifically
i don't care about bitcoin specifically, just don't know crypto stuff - just updated title. whatever usenet services will accept is fine by me, whether that's bitcoin, monero, xmr or whatever other ones you guys suggest.
You aren’t going to be able to mine more than a few cents of Bitcoin a month without specialized hardware.
ugh, that sucks. had been hoping to run a old gaming rig and maybe get 50 or 100 USD of some kind of anon crypto after 3-6 months. Guess that idea is out.
one option is to “wash” whatever you buy by using an exchange that allows anonymous account creation, then converting it to XMR and back before using it.
So even if I bought the KYC-style bitcoin from a bank or atm or whatever, if I convert to XMR then that hides me? Any clue how it hides it?
There at least used to be localbitcoin to help facilitate that, if that’s even still a thing.
Thanks, when I searched I see 2 of them: localbitcoin.com and localbitcoin.net ? Does it matter?
I haven't dealt with crypto in years, so I'm not really the best source for some of those specifics.
As I understand it, the Monero protocol doesn't maintain history between transactions, so it's very much like electronic cash. if I were to go the exchange route, I would convert to XMR, send it to another exchange, then back to BTC. it doesn't really matter where you buy it if you go that route. those transactions do have a cost however.
as I've said it's been years and the crypto world is loaded with scams so I have no idea which if any of those are legit, sorry.
ok thanks man. at least given me some more to go on. i don't mind reading... i just get confused on a lot of this stuff
Find someone who will take cash for Bitcoin
Anyone would mind explaining to a noob how can usenet be used for piracy? Only heard of it, but haven't used so far... Also, is it only accessible after payment?
I'm assuming you are concerned about UTXOs and how the crypto analytics companies can trace your BTC. I highly recommend looking up on YouTube, check out Matt Crater from Bitcoin University (has a course on that) and Sparrow wallet mixing service.
Essentially, you can purchase everything normally like everyone else does but use a mixer to anonymize your BTC on Blockchain before moving safely into your hardware wallet.
Definitely get a cold storage wallet.
I heard you get crypto on Reddit🥴