this post was submitted on 31 Oct 2024
1 points (100.0% liked)
Monero
1662 readers
9 users here now
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
if i do that, pretend i move the mined XMR to my now NEW wallet and you ask " Show me the mining wallet that got those mining transactions.", can i Just say i dont have the mining wallet anymore coz my computer got infected so i move all my xmr to new wallet and forget the old one alltogether?> Show me the mining wallet that got those mining transactions.
Yes you can just say that.
If someone knows for a fact that you have Monero and they know the exact amount, and want to know where it came from:
If someone suspects that you have Monero but does NOT know how much:
If no one suspects that you have Monero, and for now you are "in the clear":
Of course it is better if you avoid anyone knowing you have Monero altogether.
Remember that you always have the option of moving them to a new wallet, say you got hacked and have no access to it.
Of course all this depends on your country and how authorities are there. If you live in a very authoritarian area where authorities do not care about evidence and they only care that "you look guilty", nothing will save you. If you live in a country where you must go to court and be proven guilty, I think with Monero its pretty easy to do any of those steps and cover your ass.
But as always, try to not be discovered using Monero in the first place