Tether: The Story So Far

Re:Tether: The Story So Far by rolltiide on Monday October 28, 2019 @02:45PM (#21380159)

the other open secret is that you just create a new identity in an isolated sub namespace

you ring fence all the addresses in that space with Monero over VPN or TOR: Monero swapped to Bitcoin, Monero swapped to Ether, Monero swapped to Tether (ERC20/OMNI/TRC20), a general balance in Monero since merchants accept that too, and transact there. Swap back out to Monero if you need a withdrawal.

Pencil pushers can track addresses on one transparent blockchain all fuckin day till your grandma gets tainted coins after Thanksgiving and all her accounts closed by some paranoid compliance officer and overzealous dumbass public servant, while the rest of us get every good and service we expected anonymously.

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Re:Tether: The Story So Far by vosper on Monday October 28, 2019 @08:11PM (#21383123)

> Monero swapped to Bitcoin, Monero swapped to Ether, Monero swapped to Tether

Is there a way to do this without going through some central exchange? I thought I'd read that (eg) Shapeshift was now doing KYC/AML checks, so would you still get identified there?

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Re:Tether: The Story So Far by rolltiide on Monday October 28, 2019 @10:37PM (#21383844)

Morphtoken

Bisq

XMR.to because your clearnet identity already owns Monero

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Re:Tether: The Story So Far by vkou on Monday October 28, 2019 @06:36PM (#21382503)

So, once you drive all the normies off the system, what makes you think that you're ever going to manage to turn your Monero into fiat?

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Re:Tether: The Story So Far by rolltiide on Monday October 28, 2019 @07:02PM (#21382696)

I don't. It also works.

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