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Replying to Avatar hopfield

Seeing this stat again: “…transactions can be traced in 60% of cases to get a usable lead.”

But what does that mean? Are they using pure chain analysis, or are they catching users at fiat on/off ramps? Are they raiding homes and finding wallets and seed phrases?

If the number is truly 60%, why aren’t we seeing more press releases about huge #monero #xmr takedowns like we do with other cryptos? Perhaps that will happen in the future, but for now I say it’s FUD.

https://bitcoinist.com/how-traceable-monero-transactions-compared-bitcoin/

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paranoia machinery 2y ago

also, in all the so-called "traceable" trnasactions the person swapped from another crypto into xmr, or from xmr to another crypto, leading me to believe they can't trace monero but they can use heuristics from other chains to match amounts going in and out from other coins

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hopfield 2y ago

Agreed. I think that’s what is happening.

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