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cryptowolf

There are a few methods:

Coin join

Swap to a shit coin on an anonymous dex that doesn't require kyc like sideshift.ai and then swap back to btc

Open a lightning channel.

Send utxo's only when doing any of these actions or send to a friend who can send different utxos back.

Never have a change output.

Always spend full utxos only.

When accepting kyc coins never mix then with non kyc coins in the same wallet.

Any washed coins should go into a new ewllet that never had any kyc coins in it.

Machu Pikacchu 1y ago

I’m not sure swapping to a shitcoin works for several reasons.

Most importantly most of the shitcoins are low liquidity and centrally ran so it can be risky to wash more than say 1M sats at a time and also somebody somewhere can still see the entry and exit. Not even convinced Monero works in this case since there are reports of governments successfully tracing funds. No idea if that’s true; could be FUD.

Coinjoin is probably the best way at the moment. I’m optimistic there will be better options in the future though.

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cryptowolf 1y ago

I didnt say all of the methods were equal.

Ideally if I needed to, I would use them all simultaneously or a combination of them.

The question was short and simple, so I didnt answer with too much detail.

Fortunately for me Ive never purchased KYC bitcoin in my life or connected to the internet without proper protection for a very long time now, before Bitcoin existed.

Saberhagen The Nameless 1y ago

I swap Bitcoin and Monero all the time and never have trouble with with liquidity. It's the highest volume on Bisq even over fiat currencies

As long as you ideally use Monero directly, or at least swap back to Bitcoin at different times and amounts its work fine as a "mixer"

The tracing thing is FUD. It's always because they incorrectly swapped to a transparent chain/fiat/exchange or messed up their opsec somewhere else.

The best largest coinjoin right now, Wasabi, has caveats like not offering as good privacy for the largest inputs, smaller anonymity set especially for receivers, and fractured pools because it's liquidity isn't shared between coordinators