SaberhagenTheNameless on Nostr: Plausible deniability is easier with Monero even if you KYC especially for the ...
Plausible deniability is easier with Monero even if you KYC especially for the average user
With Bitcoin they have the potential to monitor if your coins moved from an address after you said you "lost the keys", see that you later consolidated with a current address after you were "hacked"/"Gave it away"/"sent to the wrong address". Or follow it going forward and try and tie you to a purchase down the road.
Ways to avoid all these things on Bitcoin of course, but it requires active and conscious effort that quite frankly many users will fail to do out of ignorance or mistakes.
With Bitcoin they have the potential to monitor if your coins moved from an address after you said you "lost the keys", see that you later consolidated with a current address after you were "hacked"/"Gave it away"/"sent to the wrong address". Or follow it going forward and try and tie you to a purchase down the road.
Ways to avoid all these things on Bitcoin of course, but it requires active and conscious effort that quite frankly many users will fail to do out of ignorance or mistakes.