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Friday, April 26, 2024

Comment by biodieselchris

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  1. biodieselchris

    Bittrex – they are US based so that adds some security in my mind which is why I continue to mention them for trading alts. This requires them to be hyper-sensitive to AML/KYC because gov't regs haven't condensed around this new pace yet so they need to be over-prepared (just IMO). This cuts both ways though because if a hack-job russian site goes down and you had your coins stored there – you're toast. 

    https://bittrex.com/home/about

    If you're goal in crypto is to remain completely anonymous I'm really not your guy, this has never really appealed to me, but personally I don't do drugs and I pay taxes on worldwide income by default (and for crypto it is long term capital gains, so best rate in the world, 20% max!!!) so the Tor/Onion side of crypto was never really interesting. It was interesting to "haters" that could point to dark money uses as the whole reason to shoot it down, as if drug users/dealers don't actually favor cash, hahaha, what a total joke that argument was. Anyway, there's a whole deep web on this subject, using distributed exchanges like openledger.io, transferring everything to Zcash before turning back into some other coin, etc. 



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