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El Salvador to adopt Bitcoin as legal tender.

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Comments

  • Registered Users, Registered Users 2 Posts: 237 ✭✭RulesOfNature


    :rolleyes:

    Cool story. Good luck buying a house or anything substantial with your gains.

    Oh stop it with this ‘CHAIN ANALYSIS MEGA TRACKING NETWORK SECURITY CENTRALIZED EXCHANGE METHOD’ nonsense. The FBI has a 0.05% success rate catching anyone with those software, and most of their catch is due to factors outside the blockchain (like using the same username or email from the clearnet).

    Do you understand that darknet vendors are having a ball for the past 5 years?

    They sell p2p and have houses in mallorca, cabo and bangkok.

    The government is not adept at catching people who even uses 1 layer of common sense with crypto currency.

    If there was any way to hide illicit trades, its crypto.

    You are just trying to sound smart like you’ve finally cracked cryptocurrency when in reality Irish DNM vendors have increased the past 2 years.


  • Registered Users, Registered Users 2 Posts: 1,216 ✭✭✭Del Griffith


    Oh stop it with this ‘CHAIN ANALYSIS MEGA TRACKING NETWORK SECURITY CENTRALIZED EXCHANGE METHOD’ nonsense. The FBI has a 0.05% success rate catching anyone with those software, and most of their catch is due to factors outside the blockchain (like using the same username or email from the clearnet).

    Do you understand that darknet vendors are having a ball for the past 5 years?

    They sell p2p and have houses in mallorca, cabo and bangkok.

    The government is not adept at catching people who even uses 1 layer of common sense with crypto currency.

    If there was any way to hide illicit trades, its crypto.

    You are just trying to sound smart like you’ve finally cracked cryptocurrency when in reality Irish DNM vendors have increased the past 2 years.

    Literal LOL


  • Registered Users, Registered Users 2 Posts: 237 ✭✭RulesOfNature


    Literal LOL

    Its true. Advanced chain analysis softwares break down the moment you

    1. tumble/mix/tornado cash/coinjoin
    2.switch to monero/ any other privacy tokens
    3. use p2p
    4. use dnm wallets
    5. jump blockchains

    How they actually catch people is through deanonymizing the transaction graph using data collected from exchanges, merchants, and ISPs - and perhaps even by compromising hardware and software.

    - Things outside the blockchain.

    If someone actually did the barest, most basic actions to hide their transactions (e.g switching to monero) not even the NSA, FBI or CIA can track them down.

    This sounds incredulous to some rubes but its true. No one can crack a single BTC private key.


  • Registered Users, Registered Users 2 Posts: 1,216 ✭✭✭Del Griffith


    Its true. Advanced chain analysis softwares break down the moment you

    1. tumble/mix/tornado cash/coinjoin
    2.switch to monero/ any other privacy tokens
    3. use p2p
    4. use dnm wallets
    5. jump blockchains

    How they actually catch people is through deanonymizing the transaction graph using data collected from exchanges, merchants, and ISPs - and perhaps even by compromising hardware and software.

    - Things outside the blockchain.

    If someone actually did the barest, most basic actions to hide their transactions (e.g switching to monero) not even the NSA, FBI or CIA can track them down.

    This sounds incredulous to some rubes but its true. No one can crack a single BTC private key.

    The thing that's hilarious to me is you're such a muppet that you think that you're the only one that knows how DNM processes go, and you're so desperate to talk about it you're consistently trying to shoe-horn it into this boards.ie thread which is about BTC becoming legal tender in El Salvador, where people are discussing whether or not it's a suitable currency for daily purchases such as a loaf of bread.

    Just fyi because I try not to derail - I've been in crypto since not long after it's inception. I'm old enough to remember when you could cash out from exchanges via literal cash being delivered by DHL in an envelope in the Schengen zone. And it's very likely I know plenty more about privacy opsec than you ever will.

    This issue here is that this thread has nothing to do with any of that. As you've been told numerous times already.

    Where's the monero thread?


  • Registered Users, Registered Users 2 Posts: 237 ✭✭RulesOfNature


    The thing that's hilarious to me is you're such a muppet that you think that you're the only one that knows how DNM processes go, and you're so desperate to talk about it you're consistently trying to shoe-horn it into this boards.ie thread which is about BTC becoming legal tender in El Salvador, where people are discussing whether or not it's a suitable currency for daily purchases such as a loaf of bread.

    Just fyi because I try not to derail - I've been in crypto since not long after it's inception. I'm old enough to remember when you could cash out from exchanges via literal cash being delivered by DHL in an envelope in the Schengen zone. And it's very likely I know plenty more about privacy opsec than you ever will.

    This issue here is that this thread has nothing to do with any of that. As you've been told numerous times already.

    Where's the monero thread?


    Good for you buddy. Nobody asked.

    But as I said, all these chain analysis malarkey is as good as horoscope the moment you do something CRYPTOLOGICAL.


  • Registered Users Posts: 3,280 ✭✭✭Hamsterchops




  • Banned (with Prison Access) Posts: 989 ✭✭✭ineedeuro



    From this website
    https://news.sky.com/story/crypto-trader-boss-dies-with-password-to-clients-110m-11628106

    Some lad dies and that is your whole savings gone. Says it all about crypto currency!!! pure scam


  • Moderators, Recreation & Hobbies Moderators, Science, Health & Environment Moderators, Technology & Internet Moderators Posts: 92,544 Mod ✭✭✭✭Capt'n Midnight


    China said something yesterday and it dropped 10% (rinse and repeat)

    Too volatile to use.


  • Registered Users, Registered Users 2 Posts: 20,257 ✭✭✭✭Donald Trump


    ineedeuro wrote: »
    From this website
    https://news.sky.com/story/crypto-trader-boss-dies-with-password-to-clients-110m-11628106

    Some lad dies and that is your whole savings gone. Says it all about crypto currency!!! pure scam




    I remember reading about that story at the time. I never bothered to follow up on it but there were suspicions that your man faked his death in order to keep the bitcoin.


    Obviously they could be followed but maybe he had already exchanged them and mixed them before he disappeared


  • Banned (with Prison Access) Posts: 989 ✭✭✭ineedeuro


    I remember reading about that story at the time. I never bothered to follow up on it but there were suspicions that your man faked his death in order to keep the bitcoin.


    Obviously they could be followed but maybe he had already exchanged them and mixed them before he disappeared

    I would expect if he died like described in the article a body would be the hint he is dead.....it's not like he disappeared in the rain forest


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  • Registered Users, Registered Users 2 Posts: 2,312 ✭✭✭paw patrol


    ineedeuro wrote: »
    From this website
    https://news.sky.com/story/crypto-trader-boss-dies-with-password-to-clients-110m-11628106

    Some lad dies and that is your whole savings gone. Says it all about crypto currency!!! pure scam

    that's utter stupidity on their part allowing somebody else hold their crypto.
    hold your sh1t in your own wallet - its like a day 1 rule of crypto

    in fact it's what makes crypto so appealing peer to peer transactions from your own wallets and no middle man.

    That story is no different to some lad borrowing 100e cash off you and then dying. you can't prove the debt.


  • Registered Users, Registered Users 2 Posts: 20,257 ✭✭✭✭Donald Trump


    ineedeuro wrote: »
    I would expect if he died like described in the article a body would be the hint he is dead.....it's not like he disappeared in the rain forest




    Yeah but he died over in India or somewhere so people were suspicious..........there was over 100m of assets at stake.




    They have never been able to find the OneCoin lady. Her brother was nabbed in the US but they don't know whether she is dead or living under an assumed name somewhere - even suspected to be in Frankfurt.


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