so "removing kyc" is a bit of a misnomer. The best you can really do is give yourself forward looking privacy. If you have bought bitcoin on a KYC platform there will always be proof that you've bought whatever amount that is.
That being said run your coins through whirlpool (mabey more than once) then do a stonewall or ricochet trasaction into a new cold storage wallet.
Also to perhaps take this step further i would sell all of your kyc bitcoin, get cash,report it, take the cap gains hit then start rebuying it all non kyc.
No idea what stonewall or ricochet are but I'll look into it 👌 i've had a gander at Samurai's wallett, looks like it may assist.
Any other posabilites? Any atomic swaps or similar that could achieved something similar or nar? BTC - L-BTC, or straight convert BTC - XMR and back?
stonewall and ricochet are in samurai wallet. If your going to do the atomic swap method I would do the BTC to XMR route rather than a BTC sidechain. You put a lot of trust into the DEX that hosts the swap so while it *might* break on chain heuristics you dont know what records that Dex keeps.
it really depends on what you consider your threat model to be.
Stonewall is basically a "mini coinjoin"
Ricochet is another tool on Samourai that is used if you need to send to a CEX or business that might flag a transaction coming from a coinjoin. It places 5 hops between your coinjoin and your destination for more plausible deniability that you were the one who coinjoined.
My advice is to stay away from L-BTC. It is a permissioned network with inferior privacy to Monero.
L-BTC:
Alice sent $[?] to Bob
Monero:
~6% chance Alice sent $[?] to [?]
Careful with swapping BTC -> XMR -> BTC to break your trail...Many caveats, trivial to trace if not done correctly, and not recommended unless you really know what you're doing.
Most recommended method:
BTC -> XMR -> Spend XMR
Alternatively:
BTC -> Coinjoin -> Spend BTC
Not recommended. But if you are still deadset on going BTC -> XMR -> BTC doing this will make it more difficult to trace:
1) Wait at least a day before swapping back into btc. The longer you wait the better. [to resist timing attacks]
2) Break it up into several chunks. Do not send the same amount back into btc in one go. DO NOT consolidate after. [to resist amount analysis]
3) Do the first swap (btc -> xmr) on exchange A. Do the second swap (xmr -> btc) on exchange B. [prevents single exchange from having a full view of both swaps]
4) Do all this behind tor/i2p or at least a good VPN (mullvad, ivpn, safingIO spn) to remain anonymous. Change your tor identity or vpn server for each swap.
🤙
