this post was submitted on 12 Jul 2023
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Hi,

In short, since the crackdown on fiat-to-monero started, the only way to get monero that I could figure out was:

  1. Purchase Bitcoin using fiat.
  2. Purchase Monero using Bitcoin.
  3. Change Monero back to Bitcoin.
  4. Pay using Bitcoin for services that don't accept Monero.

Could someone tell me if doing step 2 and 3 still ensures my privacy, or is it pointless? I don't see any other way to use Monero for payments which don't accept Monero.

Thanks.

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[–] [email protected] 4 points 1 year ago* (last edited 1 year ago) (1 children)

Obviously buying with fiat using localmonero is the most anon option but if you don't care about 100% anonymity:

Trocador.app has a payment mode. You could buy litecoin on a regular CEX and swap it to Monero with trocador and then pay services that don't accept Monero via the payment mode.

[–] MigratingtoLemmy 1 points 1 year ago (2 children)

Hi, thanks for your comment. I would like to use localmonero, it's just that I'm a bit scared of getting tracked since the government caught someone who used to engage in a lot of these trades, and now his entire customer list is with the government.

[–] [email protected] 4 points 1 year ago (1 children)

If you send someone cash via mail, the only thing the feds can get by busting your trade-partner is your localmonero username.

[–] MigratingtoLemmy 1 points 1 year ago (1 children)

Doesn't localmonero have any kind of telemetry? Although that doesn't remain valid if someone uses TOR

[–] [email protected] 3 points 1 year ago

Just use it over Tor. It automatically uses the nojs version on its onion address

[–] [email protected] 1 points 1 year ago (1 children)

I read about the guy, crosslinking here: https://monero.town/post/2251 I don't think there's evidence that his client list is with the feds, only speculation in the thread. Thread includes a good debate on opsec with localmonero etc. worth looking though.

[–] MigratingtoLemmy 1 points 1 year ago

Thanks, I hope this is at best, an isolated incident.

When you mail someone a money order/cash, do they get your details too? Or just your localmonero username (which I assume most of us utilise TOR to access)?