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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Is this how plausible deniablity works in XMR? (monero.town)

submitted 2 weeks ago by NoobFromXMR@monero.town to c/monero@monero.town

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say someone asked you to open your wallet and asked you where your funds came from, can you just say that you mined it? since XMR cant be trace afaik

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[–] NoobFromXMR@monero.town 1 points 2 weeks ago (1 children)

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?

[–] anesthesia@monero.town 2 points 1 week ago (1 children)

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 😉

[–] NoobFromXMR@monero.town 2 points 1 week ago

I think im getting what the boating accident mems