/biz/ - Business & Finance

Well do something about it then.

But nobody will because you're all pussies

>>50809261
>takes part in honeypots
>shocked when it fucks them over

who could have ever seen this coming?

>living in the US if you have money to leave
lmao

>>50809261
it just needs to send a brief appeal email to plzdonconfiscateallmycash@treasury.us explaining its Privacy Beliefs, they'll send it a refund cheque in no time. They'll need a name and address tho. For the cheque.

>>50809261
>we're in it for the tech
now you're not. KEK

land of the free

>usdc

almost everyone who use TornadoCash are using it for money laundering through criminal activities so I can't really call this a loss.
Just use Monero if you care about privacy

>>50809360
almost everyone who use Monero are using it for money laundering through criminal activities so I can't really call this a loss.
Just use physical metal coins if you care about privacy

>>50809261
if you look at this from an investment standpoint the government literally banning your investment assets must come in to your risk though process here.

clearly it did not.
>let me just put my life savings into this meme cash on the internet that pisses off the government
>surely this will be a great plan to hold for 20 years

there's a safety net in only holding what exchanges list, atleast then they have to fuck over entire exchanges and not just retail

>>50809261
should have used DAI

>>50809280
do what? be more specific or you're just as clueless about what, if anything, can be done as the rest of us

>>50809360
On a per user basis? Probably not.
On a 'total value' basis? Sure. Because the hacks are nuts and often 9 figs.

>>50809380
almost everyone who use physical metal coins are using it for money laundering through criminal activities so I can't really call this a loss.
Just use cash if you care about privacy

>>50809380
almost everyone who uses physical metal coins are using it for money laundering through criminal activities so I can't really call this a loss.
Just use cash if you care about privacy

>>50809380
you can carry around cash to do illegal commerce with, but then you have to carry around cash. It’s so fucking funny that people thought they could try to make “digital cash” and it would not be immediately scrutinized

>>50809261
And there you have it, heroin dealers, Korean dictators, child pornographers, meth dealers, coke dealers, steroid dealers and hormone dealers and tax dodgers who were breaking laws that were democratically agreed on get a big bucket of shit on their heads and I for one don't care. Facilitating scum baggery has never been an aspect of DLTs that particularly appealed to me.
>>50809350
>land of the free
Yes it is relative to China or Russia, Iran or Best Korea and a reminder that Tornado Cash got sanctioned as it was laundering North Korean cash for a fat dictator who uses it to build nukes. When you are so ancap that you are on team Fat boy KIms right to nukes and laundering dirty money from crime then, well, fuck you you are a loon.

>>50809475
the original DLR BTC was never meant to be a rival to cash in anonymity, no idea payment method for transactions has no audit trail. DLTs are absolutely based and the future but scammy crook dictator pseudo privacy and fentanyl dealing is guess what, not needed. By anyone.

>>50809400
Write or call your state representatives and tell them its bullshit

>>50809444
>>50809423
>>50809475
almost everyone who uses money are using it for money laundering through criminal activities so I can't really call this a loss.
Just own nothing and stop caring about privacy

>>50809444
almost everyone who uses cash are using it for money laundering through criminal activities so I can't really call this a loss.
Just use shells and beads if you care about privacy

>all the dudes who spent the last few years scamming /biz/ have to flee the country

>>50809597
and don't forget to eat ze bugs

>>50809300
>scams people
>acts like he's the victim
I love to see it.

>>50809444
almost everyone who uses cash are using it for money laundering through criminal activities so I can't really call this a loss.
Please use a CBDC so we can know what you're doing. Cash is now illegal.

>>50809614
BAAAAAAAAAAAAAAASED

>>50809612
>Just use shells and beads if you care about privacy
just let the government know everytime you conduct commerce so they can compile lists of all of your transactions indefinitely for later use

>>50809592
>he thinks democracy is real
lol
bruh
democracy is a puppet show

>>50809684
The few times it is real you end up with government bureaucrats and billionaires working together to get rid of politicians they dislike.

>>50809597
almost everyone who owns nothing and is happy is doing it for money laundering through criminal activities so I can't really call this a loss.
Just be in debt and sad.

it keeps getting worse

>>50809771
>Defi KYC required

>>50809261
Imagine using tornado with funding usdc

>>50809771
this is a fucking shitfest.
second the principle of 'tainted blocks' is introduced/accepted? - its ogre.

>>50809802
FUCKING usdc fuck you apple

guys, maybe tether was the better option all along

i mean globohomo usdc what did we expect

people got surprise fucked out of their money by globohomo bullshit

usdc cant be trusted, you don't know what bullshit they're gonna pull next. your money isn't safe there

>>50809812
this was always the future
one american btc miner (marathon) is already enforcing ofac sanctions
the future is in staking node held by anons while everything that relies on:
- big industrial miners (bitcoin)
- publicly known stakers (pretty much everything except ethereum)
will fully enforce sanctions

PoW can only stay decentralized if it's tiny and mined at home. But if it's tiny and mined at home, it's easy to attack. It's an inherent contradiction.

>>50809318
What’s better

>>50809863
>the future is in staking node held by anons
report to jail for violating sanctions

>>50809929
I'm not in America and I own ~5500 eth
~ because part of it is in lp that fluctuates

>>50809261
>lives in authoritarian shithole world despite having money to leave

>>50809934
pull your funds now https://twitter.com/bowtiediguana/status/1556683180857380866

>>50809970
Once I stake in the future (after withdrawals are enabled) I'm not going to enforce any american sanctions.

>>50809988
Good luck trying to cash out. I hope you can buy groceries, pay rent, medical bills, utilities with eth, loser. You can't escape the law, you can only avoid it for so long.

>>50810123
good thing I don't live in america then

>>50809749
Almost everyone that is in debt and sad kills themselves.
Everyone above my post must do so as well.

>>50809910
Literally anywhere that doesn't treat you like a faggot unable to manage your own funds
Remember, when you leave you have to pay the good boy severance tax or the IRS will kill you like they did McAffee

>>50810268
I shall follow your advice

>>50809541
>t. redditor

>>50809541
>laws that were democratically agreed on
kys

>>50809541
You will own nothing

>>50809541
anon, you are wasting your time, blockchain can, and never will be ever stopped.

>>50810309
>the IRS will kill you like they did McAffee
Is that the theory now? Are the 87000 "IRS agents" actually secret assassins that the state will use to liquidate anyone who may be a problem for the US government and happen to have any "irregularities" with their taxes?

>>50810474
I didn't say that. Try reading comprehension next time.

>>50810474
they didn't buy 700k worth of ammo for nothing

>>50809318
>it will never happen to me!
>t. guy it will happen to next
ah yeah, the future of finance. You guys were right this truly frees us from the central banks

>>50809360
christ they had you niggers ready to go didn't they?

>>50809771
LMAOOO the future of finance, right?

When will you all shitcointards understand this was all a glowie ops, and the only real solution to avoid big gubment and jewish parasiting of your wealth are gold and silver?
THERE ARE NO FUCKING ALTERNATIVES. ONLY PMs ARE REAL MONEY, ONLY PMs ARE 100% ANONYMOUS, FUNGIBLE, DECENTRALIZED AND REAL DIVISIBLE UNIT OF ACCOUNTS FOR ASSETS WITH INTRINSIC VALUE.

THE ENTIRE CRYPTOSCAM WAS INVENTED TO DIVERT YOU AWAY FROM GOLD AND SILVER.
RETARDS

>>50809261
What’s to stop someone from buying monero on a DEX and using that for their private crypto needs.
Suppose you hack 100m of Eth, send it to uniswap, sell for monero, and send monero to another account, and then back to uniswap and sell for Eth and then use that as you would clean crypto?

>>50810601
It's all gigacopium from afraid anons overleverage in their chuck&cheese tokens. Every day a new (((regulation))) shows up and new exploits vaporizing hundreds of millions USD are being found, and each time those faggots appears out of the blue to tell you
>hah-a its w-well deserved if you had your money parket in X
>w-well we saw this c-coming from miles away, you s-should keep yourself up to date
>t-this new law is a good thing, big i-investors will feel safe to invest in to pump my shitcoin now!
>you p-probably were a criminal anyway!

>>50810694
>buying monero on a dex
Monero isn't a fucking ERC-20 on ethereum, retard.

>>50810694
>he doesn't know XMR was created by the DARPA
you haven't done your DD it seems

>>50810694
soon thorchain will do this sers

LLLLLLLLLL

>>50810734
There are lots of DEXs. Nothing to stop someone from making a market right now for only monero trading. Sienna swap already does this.
>>50810767
All it comes down to is if they can provide evidence in a court to convict you.
>>50810788
Should be good.

>>50810827
>sienna swap
That's on Secret, not Ethereum. Please explain clearly how exactly you are going to move $100 million of ethereum to Secret Network, swap it all for wrapped monero, bridge that to actual XMR, and then do the entire reverse process. There is no liquidity to do that and it isn't decentralized, their monero bridge is an email server

>>50810123
it's hilarious how amerimutts are coming out in droves today to bootlick hard and seethe at anyone who's not complying
your gains are literally reliant on better people than you using blockchain for its purpose, you humongous faglords
if people at large cuck out on privacy, this shit is absolutely going to zero

>>50810884
I seem to remember monero being listed on uniswap and sushiswap but I can’t find it now. No matter. You have your hacked Eth, you send it to a compromised wallet perhaps the one you hacked or you generate one, you sell for Dai stable coin on your Eth DEX of choice, send to the sDAI bridge on Secret network, get sDAI, buy sXRM, bridge back to XRM, and send to Binance, and sell for fiat and deposit in your bank.

You’re limited by liquidity on the sienna swap accounts ofc but if you move fast you can skip all of this, send all of eth to a few binance accounts you control or hacked and swap for monero, move monero off binance, and back to a clean binance account and sell for fiat or stablecoin.

>>50810990
Brilliant plan, but where is the liquidity sir?

Even if binance flags you for suddenly receiving 100m dollars of monero, it would be untraceable. It would be merely circumstantial suspicion. Just say you mined it years ago or something. Keep all of this in an account in Russia and transfer to an account in China and to Singapore or Hong Kong. Basically wash it further in a couple of ways.
.

>>50809541
>Fat boy KIms right
And who the fuck are you exactly?

>>50811042
One step ahead of you chief. I’m going to assume you can hack Joe Schmo binance accounts and use them as intermediary mules. And that you have a bank account in Russia and China. China is not sanctioned and they haven’t sanctioned Russia, so you can move through China that way.

>>50811088
Why did you even bring up DEXs if it's so blatantly clear to you now that the only viable path is by risking going through CEXs?

>>50809771
how much marketshare do us citizen and funds represent?
why don't we just keep walking without these pieces of shit?

So:

1. Hack binance accounts of random people. Keep it secret and don’t exploit.
2. Hack your target for ethereum or any coin you’d like (solana for example).
3. Quickly (as in automated script quickly) Send it to your hacked binance accounts.
4. Sell for monero. Send off binance to monero accounts in cold wallets.
5. Send from cold wallets back to a clean binance account. Monero has masked sender and receiver addresses so nobody knows you did this.
6. Send it to a China based bank account to transfer to fiat. Send this to Russia and to another Chinese bank account and from this to Seychelles and to Singapore. Then sell it all and spend it.

>>50811104
The weak point is the speed at which you can move through the CEXs and if you’re flagged before. Normally you have a couple hours at least and that’s enough. If your target is an idiot and doesn’t notice for a few days which can happen you’re much safer.

>>50809541
Put your tongue back on your superior's boots, it's better suited there

If you hack 500 binance accounts and deposit your hacked Eth in equal amounts you won’t even get flagged. You can scale this. Binance does enough volume where they won’t shut down an account for a suspiciously large deposit unless ordered to do so but you can split into levels that won’t trigger their alerts, maybe 250k amounts.

Limited by your ability to control enough KYC’d intermediaries.

Do it on KuCoin even better.

>>50811141
Damn, that's a lot of efforts just to get to enjoy your own money...
I guess the mass adoption event isn't just around the corner anymore bros. :(

Let’s also assume nsa and fbi haven’t cracked monero

Russia and China do not share bank info with the US. Russia also interacts with enough other markets where you can simply send it around and do the same thing with splitting it into small deposits.

Let’s assume if you’re moving 100m that you can pull off the hacks of CEX mule intermediaries and control some fiat accounts in Russia and China

>>50811279
Isn't it safer to assume nobody can pull that highly speculative, risky and extremely convoluted shit who probably doesn't even work in the first place?

>>50811306
This is an organized crime level operation but a single talented hacker could do it.

>>50811306
Also it would take discipline and a few months to a year. Let’s say a years work for 100m and the only weak point is maintaining your anonymity and you could do it.

>>50811318
I really pity the crime syndicates if they have to deal with all this shit when they simply used to launder their suitcases of cash at the local JPMorgan/Credit Suisse branch with close to zero paper pushing bullshit.

>>50811366
I think the drug cartels are still using Bank of America. Who cares about some small fine?

>>50811354
>>50811415
It remind me how the boss of the biggest Mexican cartel was recently killed by a hitman hired by his personal accountant, because he lost the private key or some shit of all the cocaine cash they laundered into eth, and the accountant didn't want to end up getting tortured to death for losing billions worth of USD lol.
The accountant still ended up being hitman'd in jail few weeks later though. But not before spilling the beans and it helped the police to do the biggest mass arrest of druglords since El Chapo.

>>50811354
The cartels and magia all work for the glowies fren. The rabbit hole goes deeper than you could even imagine

>>50811026
>move monero off binance
Good luck with that part lmao

>Decentralised currency
>That isn't private

No such thing. The fact it took 10 years for you to realize this speaks volumes. The dream is over.

>>50810662
PMs are centralized though

shum

>>50809541
7/10

>>50809261
yet another rug. what a brutal bear market

>>50809400
Terrorism
Are you dumb anon? There was never a change in society without bloodshed.
Go on, shoot a mall or something.

>>50809360
Right now there are even privacy options on defi like Railgun so users can enjoy anonymity and privacy on smart contracts ànd other defi protocols.

Can someone explain this to a low iq anon. I just buy eth and hold? Am I fucked bros?

>>50809541
Exquisite bait, honestly. Absolutely delicious. Gobbled it right up. You can almost imagine a real human being thinking this way.

>>50813460
your wallet is already frozen

>>50813550
well, I've been buying ETH and accepting ETH as payment for shit for years now. Fuck, so if I have the corrupt ETH I lose it all?? How the fuck do I know where the ETH is from?

>>50813591
You *just* realized that you are using a transparent ledger for payments and that tainted funds might be an issue? It's your responsibility to know where the funds are coming from. Should've used monero.