this post was submitted on 24 Jul 2024
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Privacy
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Best way to hide transactions is with crypto. And namely Monero. Not exactly PayPal like but Monero is the most private.
Unfortunately there are a very small amount of places when I can pay with crypto... I do not want to face also questions from AML officers. I'm not a journalist in the dangerous country or political activist, so Monero looks like an overhead for me.
Besides the other user's recommendation, have a look at coincards. Haven't used them yet, but they have gift cards for a lot of things, online and physical brands too.
Monero is for everybody. The most common things I purchase on a monthly basis in Monero are Domino's Pizza and groceries. And as far as I'm aware, neither of those things are illegal. Monero is money, just like a $100 bill is money (currently). It is perfectly legal to hold and use Monero.
Until you do your taxes. The government hates crypto.
Taxes in the US for crypto are easy. I sold some crypto I had and just put the amount in the other income box and paid the tax.
Domino takes crypto now?
No, but it's very easy to buy a Domino's gift card with Monero and use that.
Where I live they used to accept BTC. Not Monero unfortunately.
Well, there are plenty of places that do accept Monero. Take a look at https://monerica.com and https://xmrbazaar.com which is a small but growing marketplace to buy and sell anything you wish (excluding illegal goods) .
Oh that's interesting! Thanks for letting me know.