Which is why you would want to use a shared mint that you don't own. Depend on the mints that are capable of protecting themselves against liability. Also, an IRS auditor would request for any information they deem necessary to do their job, so you are not protected by 'nobody knows' logic. Better to not have any data to give them because it's all is some else's mint. And of course the mind doesn't have it either so...
You can hide your home ip with this
https://docs.btcpayserver.org/Deployment/ReverseProxyToTor/#do-all-this-in-a-docker-container
So why is nostr:npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg doing all this hard work to add privacy to lightning? Do we actually know what chainalalysis is capable of? I have been told that the sender is protected when sending lightning, but not the receiver. Also, running your own mind adds nothing to your privacy if you are the only one using it.
#cashu is probably a more based solution because of the privacy benefits.
What about transaction fees? I am technically disposing of crypto to pay tx fee.
BTW, i hope you found some good tax software for lightning, oh wait, there isn't any. Oops
Converting over to liquid only gives you "forward privacy", i.e. it hides where and how much you spend.
It can't hide the fact that you bought it and when. It can't take your name off "The List".
And when you convert from one to the other you gotta pay the man
Nonsense. Look over at monero. The centralized exchanges won't touch it. The only way to get it is through non-kyc methods.
And you are over here asking for permission. Please...
Incorporate privacy at the base layer.
As long as you pay your taxes when you convert it to liquid, i'm guessing.
Exactly. Just make the monthly payments however you see fit. It's about net worth, not being out of debt.
Have you looked into
This is why we need privacy at the base chain. The only coin I know that does this is monero.
As someone who has been audited by the IRS for crypto, this is what it looks like when you don't get your taxes right. AMA
I hate to tell you, that's not a privacy tool. That's just a hardware wallet. Everything you do on it is transparent unless you are passing it around from person to person, which would be a bad idea because you/they could get rugged. Of course if you did want actual offline privacy you would use an opendime https://store.coinkite.com/store/opendime
nostr:npub14slk4lshtylkrqg9z0dvng09gn58h88frvnax7uga3v0h25szj4qzjt5d6 has many tips in how to migrate away from these corporate oligarchs.
RE: fob that holds the block chain in your pocket and you can confirm a transaction without going over the Internet at all
So you have to meet up in meatspace to transact? Sounds dangerous. If mailed, what if it gets lost? Sounds sketchy.
Exactly. There are better alternatives
Are there any good guides out there for choosing a hardware wallet? Specifically ones that exclude the ledger? Or at least a running list of them sorted from easy to hard to use?
