this post was submitted on 14 Mar 2024
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Privacy

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[–] [email protected] 2 points 5 months ago* (last edited 5 months ago) (4 children)

There are ways to achieve significant privacy using Bitcoin, the protocol itself is pseudonymous, lightning in many ways enhances privacy. But you need to know what you are doing and there are many gotchas.

[–] [email protected] 3 points 5 months ago* (last edited 5 months ago) (3 children)

BTC --> XMR --> BTC is the simplest method to achieve anonymity with Bitcoin, or you can just purchase Monero directly via cash by mail.

[–] [email protected] 1 points 5 months ago (1 children)

How many dollars do you need to spend to get $1 worth of Bitcoin using this method?

[–] [email protected] 2 points 5 months ago

Between basically nothing and way to much depending on the amount you transfer, the method you use and the country you live in

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