/biz/ - Business & Finance

Cool, the thread is still up. Almost forgot about it.
>>54632993
>Seething about the lack of price action
You're the only one seething itt with your "pedo" spam
>>54633310
>fucking weirdos itt
Some anons get assblasted when exposed
>>54633419
>what are the implications of this i wonder?
More Monero-chan pics will get posted until morale improves!

so here's the deal: An anon I use to follow back in the day garnered quite a reputation during the 2016 election for his shitposting/trolling ability. But he was subsequently doxxed and now the glow niggers have him in their crosshairs for supposed "election disruption". He has a trial coming up and I want to donate to his defense fund to help him out as well as support free speech but don't want the fed niggers nipping at my ankles either. Obviously Monero is the clear choice here.

I'm still a newfag when it comes to Monero and am trying to wrap my head around the tech so bear with me. I was thinking of a monero compatible wallet with a built-in exchange to streamline the process. So at what point does the transaction officially 'go private'?

The transaction path would go:

(1) buy btc for cash on my KYC -> (2) send to btc to cake wallet -> (3) exchange btc for monero on cake wallet -> (4) send newly acquired Monero from cake wallet to anon in question's personal wallet.

So all transactions are traceable up until point #3 right? After that, any monero leaving the cake wallet is essentially a ghost? Is it really that simple?

Also, fuck the US federal government.

are you anons buying because you sincerely believe in the project ideologically, or you're banking on it dethroning btc and just want to flip it for some nice gains, or some combination of both?