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0 sats \ 4 replies \ @OT 6 Oct \ parent \ on: (Q.) Wasabi Coinjoin Steps bitcoin_beginners
After conjoining it does make it more difficult to sell on an exchange. If you don't think that Bitcoin was really meant for p2p trade then better not coin join.
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0 sats \ 3 replies \ @79c9095526 6 Oct
Meant for and what reality is are two different things. The vast majority of my savings are in bitcoin. But I have fiat bills to pay for my family. Reality wins in that situation, I have to be able to sell little chunks of my stack to have a roof over our heads and food in bellies.
Therefore coinjoining isn't practical if it gets me kicked off the fiat rails.
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0 sats \ 2 replies \ @OT 6 Oct
Are you using LN? You can send a LN transaction from a LN channel into an exchange. It's hard to trace where the LN payment came from.
Consider coin joining with Wasabi or Join market for onchain privacy. Spend or sell (if you have to) with LN.
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0 sats \ 0 replies \ @79c9095526 7 Oct
I do use lightning for small transactions (my email provider for example).
Typically I convert btc to fiat 3-4 times a year in a decent sized chunk to take care of expenses. I don't think lightning can still handle transactions that large, but maybe things have changed. I remember trying a $800 transaction a couple years ago and it just kept failing so I assumed a several thousand dollar lightning transaction would still fail today.
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0 sats \ 0 replies \ @PictureRoom OP 7 Oct
My understanding as well. Thank you.
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