For small amounts, it’s feasible; for large amounts, CoinJoin doesn’t work. The latest hacking attacks have occurred via Wasabi and have been traced back to subsequent consolidations; this doesn’t happen with Monero. The same is true for Lightning, which is unfeasible for large amounts. Even for large amounts, other methods used by North Korea in cross-chain OTC black markets are better.

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MissingNo's avatar
MissingNo 4 days ago
You don't know what you are talking about. There's 2,600+ BTC of volume in the past 24H on @Kruw coordinator from @npub1jw7s...35fg... that's $200M of volume being coinjoined in a single day. So it does work, and i use it everyday. Lightning is not for very large amounts so i won't comment on that, but it's private for 99.9% of users who want to use it as their payment layer for everyday bills. Newbies and privacy larpers would rather go with shitcoinery (Monero) route, than learn how to use Bitcoin and how it works.
This echos a thought I have yet to validate. Let's say you have one kyc btc. If you buy xmr with it. Then convert back to btc...isn't that now no kyc btc. Of course you use a new wallet...
Mate, I'm not going to learn how to use something privately when something can be built private from the start. Like that's just silly.
OTC Black market , as such what ? Once that landed in place like Garantex or Huione guarantee , or hydra then it automatically recognized cause they already labels cluster . I think Monero Is the best exit .
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