Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Quick Navigation Bottom Misc
Forum
» So crypto is really not anonymous?? Wtf
  1. Results 31 to 44 of 44
  2. First
  3. 1
  4. 2
post 1651500603 11-25-2021, 07:13 PM
-
#31
  1. jamalfudge
  2. Throbbing Member
  1. jamalfudge
  2. Throbbing Member
  3. Join Date: Jan 2013
  4. Location: United States
  5. Posts: 39,406
  6. Rep Power: 297374
Originally Posted By TryingBB
Tried setting up coinbase. What the fuk type of anonymity is this? They need name and probably ID, etc.

So it really is not anonymous?
The fiat onramps all have kyc. But you could hypothetically buy a stablecoin and swap them for something after transferring to Exodus.
#
post 1651500673 11-25-2021, 07:14 PM
-
#32
  1. TryingBB
  2. Registered User
  1. TryingBB
  2. Registered User
  3. Join Date: Jun 2019
  4. Posts: 5,330
  5. Rep Power: 30672
Originally Posted By chalup
cashapp itself can convert it to BTC, if you truly wanted to you could use a pre-paid burner phone.
I am trying to do everything legit and wants surety that one day someone just can’t take all my coins like a bank account
**^^ gone ^^**
post 1651500833 11-25-2021, 07:17 PM
-
#33
  1. Serenadium
  2. Registered User
  1. Serenadium
  2. Registered User
  3. Join Date: Aug 2011
  4. Age: 36
  5. Posts: 3,700
  6. Rep Power: 14808
lmfao at retards in this thread.

XMR is fully private.

ETH and BTC are private if you mix your coins.

1. Buy a small amount on a KYC exchange like Coinbase or Bitfiniex (i.e. 10 BTC / 100 ETH)
2. Send the BTC/ETH to your on-chain wallet
3. Send the BTC/ETH to a mixer (i.e. Wasabi wallet / Tornado Cash)
4. Redeem on a fresh on-chain wallet that is not tied to a KYC exchange.

For step 3, if using tornado cash, make sure you don't lose your redemption memo (i lost mine and i have 100 ETH stuck in the mixer forever).
post 1651500853 11-25-2021, 07:17 PM
-
#34
  1. nikonD70s
  2. Registered User
  1. nikonD70s
  2. Registered User
  3. Join Date: Feb 2009
  4. Posts: 6,413
  5. Rep Power: 24869
Don't know if true, but heard once u sell. you're automatically audit
post 1651500993 11-25-2021, 07:23 PM
-
#35
  1. nick5569
  2. Registered User
  1. nick5569
  2. Registered User
  3. Join Date: Aug 2013
  4. Posts: 939
  5. Rep Power: 4743
Just lol at anyone who doesn't realize crypto is just another plot planned by the elites/government to get the peasants to buy into digital/traceable currency


CASH can't be tracked since it's physical (like gold) and that's why you are seeing a push away from those currencies


open your eyes, as usual the government wants total control over you
post 1651501103 11-25-2021, 07:25 PM
-
#36
  1. sg1976
  2. NandBroLone
  1. sg1976
  2. NandBroLone
  3. Join Date: Mar 2014
  4. Posts: 29,435
  5. Rep Power: 218658
Originally Posted By TryingBB
Tried setting up coinbase. What the fuk type of anonymity is this? They need name and probably ID, etc.

So it really is not anonymous?
Semi anonymous. People can see transaction on the ledger but don’t know who made them.
Mother north, united we stand, together we walk
Phantom north, I'll be there when you hunt them down.

Absolutely Love This For You! ❤️💕

Take America Back Again!

Verified 37 Going on 60
Verified Fat Boy
post 1651501183 11-25-2021, 07:26 PM
-
#37
  1. Komisch
  2. Registered User
  1. Komisch
  2. Registered User
  3. Join Date: Aug 2015
  4. Posts: 2,738
  5. Rep Power: 14581
Originally Posted By nikonD70s
Don't know if true, but heard once u sell. you're automatically audit
if you sell for fiat and transfer to your bank acct, then whichever platform you used likely has KYC rules and have all the info about you - they'll then send info to the IRS, there is no automatic audit it's essentially reporting taxable income/gains.

coinbase wants to know everything about you going in, and will report everything to the IRS. if you want to exchange your crypto for fiat and not pay taxes, then... that's on you. But there are plenty of ways to spend crypto directly and it never comes back to you if you were diligent throughout.
Positivity crew
post 1651501333 11-25-2021, 07:30 PM
-
#38
  1. chalup
  2. Registered User
  1. chalup
  2. Registered User
  3. Join Date: May 2011
  4. Age: 36
  5. Posts: 37,885
  6. Rep Power: 123589
Originally Posted By nick5569
Just lol at anyone who doesn't realize crypto is just another plot planned by the elites/government to get the peasants to buy into digital/traceable currency


CASH can't be tracked since it's physical (like gold) and that's why you are seeing a push away from those currencies


open your eyes, as usual the government wants total control over you
LMAO bruh it must suck to think like this. On a linear timeline BTC will become more scarce as fiat becomes more abundant. In lamens terms everything will become cheaper with BTC while everything will cost more with fiat.
post 1651501433 11-25-2021, 07:31 PM
-
#39
  1. TryingBB
  2. Registered User
  1. TryingBB
  2. Registered User
  3. Join Date: Jun 2019
  4. Posts: 5,330
  5. Rep Power: 30672
Originally Posted By nick5569
Just lol at anyone who doesn't realize crypto is just another plot planned by the elites/government to get the peasants to buy into digital/traceable currency


CASH can't be tracked since it's physical (like gold) and that's why you are seeing a push away from those currencies


open your eyes, as usual the government wants total control over you
Only difference is that with currency you’re subject to inflation

With crypto people are making money
**^^ gone ^^**
post 1651501743 11-25-2021, 07:39 PM
-
#40
  1. Jasonw1178
  2. 5'3" 300lbs Fudge Rounds
  1. Jasonw1178
  2. 5'3" 300lbs Fudge Rounds
  3. Join Date: Dec 2012
  4. Posts: 44,104
  5. Rep Power: 271274
Seems like everything is tracked and the governments of the world want to track more and more. Why is it they seem to believe they need to know every transaction? This takes resources. Time, energy, labor, all spent on what exactly? What kills me is they are going for lower and smaller transactions. It's not even about taxes or crime, it's about building a profile on you so they know who's who. So politicians and other government agencies can figure out who is an ally or an enemy.
post 1651527183 11-26-2021, 10:16 AM
-
#41
  1. nick5569
  2. Registered User
  1. nick5569
  2. Registered User
  3. Join Date: Aug 2013
  4. Posts: 939
  5. Rep Power: 4743
Originally Posted By chalup
LMAO bruh it must suck to think like this. On a linear timeline BTC will become more scarce as fiat becomes more abundant. In lamens terms everything will become cheaper with BTC while everything will cost more with fiat.
Sucks to be able to think more than 1 step ahead? Ok buddy


Not once have I stated that crypto isn't a fast and easy way to make money at this point in time

I've simply stated that it's a method of convincing people to adopt entirely digital currencies in which the government can monitor

Which essentially means all of it will be taxable and there will be no more "under the table" transfers of money


The future will go something like this:

1) Governments make their own "crypto currencies"
2)Cash will be phased out and no longer able to be used
3)Government bans other forms of crypto
4)you are now even further under government watch/control
post 1651527233 11-26-2021, 10:17 AM
-
#42
  1. Barteh
  2. Registered User
  1. Barteh
  2. Registered User
  3. Join Date: Jan 2012
  4. Location: -, -, Netherlands
  5. Age: 36
  6. Posts: 20,781
  7. Rep Power: 125767
Originally Posted By chalup
You know what a VPN is right? I'm not saying its easy but its extremely doable to make your crypto trades untraceable to a certain degree. And no, I don't think they are following you and joe blow right now, maybe in the future for sure but not right now.
Wtf is a VPN going to do when I need to show my passport to verify my identity on an exchange and the blockchain and all of it's transactions are public?
post 1651527353 11-26-2021, 10:19 AM
-
#43
  1. nick5569
  2. Registered User
  1. nick5569
  2. Registered User
  3. Join Date: Aug 2013
  4. Posts: 939
  5. Rep Power: 4743
Originally Posted By Jasonw1178
Seems like everything is tracked and the governments of the world want to track more and more. Why is it they seem to believe they need to know every transaction? This takes resources. Time, energy, labor, all spent on what exactly? What kills me is they are going for lower and smaller transactions. It's not even about taxes or crime, it's about building a profile on you so they know who's who. So politicians and other government agencies can figure out who is an ally or an enemy.
You're on the right track. Think more about WHY the government would want the ability to monitor/trace all transactions and you will be closer to the answer
post 1651528123 11-26-2021, 10:31 AM
-
#44
  1. badbart
  2. AKA: pachovia
  1. badbart
  2. AKA: pachovia
  3. Join Date: Oct 2001
  4. Posts: 4,018
  5. Rep Power: 18407
Originally Posted By Serenadium
lmfao at retards in this thread.

XMR is fully private.

ETH and BTC are private if you mix your coins.

1. Buy a small amount on a KYC exchange like Coinbase or Bitfiniex (i.e. 10 BTC / 100 ETH)
2. Send the BTC/ETH to your on-chain wallet
3. Send the BTC/ETH to a mixer (i.e. Wasabi wallet / Tornado Cash)
4. Redeem on a fresh on-chain wallet that is not tied to a KYC exchange.

For step 3, if using tornado cash, make sure you don't lose your redemption memo (i lost mine and i have 100 ETH stuck in the mixer forever).
THIS^, some people just don't want to listen they already have their minds made up.
Quick Navigation Top Misc
Bookmarks
Digg.com
Digg
del.icio.us
del.icio.us
Stumbleupon.com
StumbleUpon
Google.com
Google
Facebook.com
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts