this post was submitted on 31 Oct 2024
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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I would like to add that if you actually have XMR in a wallet that you got from mining, and you never moved those funds before, you CAN confirm that those funds came from mining. In fact, the GUI wallet will show a symbol indicating that it came from mining (what's called a "coinbase" transaction).
However you could just say that you moved the funds from the mining wallet to this other wallet, but then I will ask again: Show me the mining wallet that got those mining transactions.
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
Man you are such a genius! it mades clear to me just how anonymous monero is compared to bitcoin.. people say if you mined monero theres some mark on it that its a mined monero like uXTO or some shi like that, but if you move it to new wallet it will immediately clear all those history.. and what you say makes perfectly sense, those $200 new wallet trick is brutal also thanks bruv
thats actually genius, you can just say that your computer got infected before, and move all the funds to new wallet and burned the old one just to be all safe then it cant be track anymore? is that what you trying to say?
Yes that is exactly it.
That is why you should always make sure to lose all your XMR on a boating accident right after acquiring them 😉
I think im getting what the boating accident mems