this post was submitted on 04 May 2024
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All crypto should be converted to Monero before you attempt to spend it anywhere. Never send any other coins as payment for anything that can in any way be associated with you. This should be common knowledge by now for anyone using crypto.
Monero is the safety bridge between crypto and the real world.
I know all of that lol I use monero for plenty years and always helped people to use it or making their businesses in.
But just for a fucking price (while it could be seen at it's real price since you have less and less exchanges holding it).
People thinks I try to shit on bitcoin or promote shitcoinery, while I just want to trigger them to use it as a MoE until there's a fucking reliable solution, it's not for me but for them.
Does this work though if you recieve 'tainted' BTC from the exchange? (more and more likely with an exchange that deals in XMR)
I get that the 'new' BTC won't be associated with your metadata and history but whatever account you spend the 'new' BTC with can still be nuked.
Yes the XMR bridge is a privacy shield but..
Is this the end for BTC fungibility? - ie. has chainalysis tipped the scale past the point of no return?