0 sats \ 1 reply \ @m00ninite 1 Sep 2023 \ on: I think that Simple Swaps BTC->XMR->BTC are better than mixing. Change my mind bitcoin
idk, I think coinjoins work just fine for day-to-day privacy. If you've got a more intense threat model, an xmr swap wont save you anyways. FBI managed to chase a bunch of BTC->XMR->BTC swaps a couple years back
Source please,
Bear in mind, the purpose of the swap is not to hide from law enforcement, in fact the swap should be reported to tax authorities while filling your taxes if the amount applies in your country.
The swap is for privacy purposes, you break the chain and therefore you are not giving away anymore to the person you pay for a good or service your historic transactions and your balance
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