do NOT use these cryptocurrencies, they may harm the state! 😳

1

Zcash

There is a widespread misconception among both the supporters and opponents of Bitcoin that it is an untraceable and anonymous currency. This is not the case. Bitcoin is a public ledger, meaning that all transactions are publicly visible and directly traceable. It's not even anonymous, only pseudo-anonymous, meaning that while addresses are not directly tied to any particular individual, user activity can still be directly tracked through these addresses. This also means that if these addresses can be linked to you in any way - for example after depositing some BTC onto an exchange that has your info - then all transactions involving that address can also be linked to you. True anonymity requires that no individual users can be identified amongst the crowd, something which Bitcoin does not achieve. This is also true for most other cryptocurrencies as well. Someone who is looking for anonymity, privacy, and untraceability would instead want to use mixing tools such as [CoinJoin](https://coinatmradar.com/) for BTC or [Tornado cash](https://tornado.cash/) for ETH, or a privacy-oriented currency such as [Dash](https://www.dash.org/), [Zcash](https://z.cash/), or best of all, [Monero](https://www.getmonero.org/), which hides the sender, receiver, and amount of every transaction. All of these privacy-coins also have much lower fees and confirmation times, and are better for the environment. But you definitely should *not* use these, because using such currencies will weaken the state's parasitic grip on currency and general finance, something which would be *absolutely terrible*. Definitely do *not* use tools such as [localmonero](https://localmonero.co/?language=en), [crypto atms](https://coinatmradar.com/), or [Bisq](https://bisq.network/) in order to obtain these currencies, do *not* contribute to the strength and decentralization of these projects (while simultaneously earning money) by [mining](https://www.getmonero.org/get-started/mining/) them, and most importantly do *not* research these terms to learn more.

#Cryptocurrencies #Blockchain #Business & Commerce 17 social mentions

2

LocalMonero

There is a widespread misconception among both the supporters and opponents of Bitcoin that it is an untraceable and anonymous currency. This is not the case. Bitcoin is a public ledger, meaning that all transactions are publicly visible and directly traceable. It's not even anonymous, only pseudo-anonymous, meaning that while addresses are not directly tied to any particular individual, user activity can still be directly tracked through these addresses. This also means that if these addresses can be linked to you in any way - for example after depositing some BTC onto an exchange that has your info - then all transactions involving that address can also be linked to you. True anonymity requires that no individual users can be identified amongst the crowd, something which Bitcoin does not achieve. This is also true for most other cryptocurrencies as well. Someone who is looking for anonymity, privacy, and untraceability would instead want to use mixing tools such as [CoinJoin](https://coinatmradar.com/) for BTC or [Tornado cash](https://tornado.cash/) for ETH, or a privacy-oriented currency such as [Dash](https://www.dash.org/), [Zcash](https://z.cash/), or best of all, [Monero](https://www.getmonero.org/), which hides the sender, receiver, and amount of every transaction. All of these privacy-coins also have much lower fees and confirmation times, and are better for the environment. But you definitely should *not* use these, because using such currencies will weaken the state's parasitic grip on currency and general finance, something which would be *absolutely terrible*. Definitely do *not* use tools such as [localmonero](https://localmonero.co/?language=en), [crypto atms](https://coinatmradar.com/), or [Bisq](https://bisq.network/) in order to obtain these currencies, do *not* contribute to the strength and decentralization of these projects (while simultaneously earning money) by [mining](https://www.getmonero.org/get-started/mining/) them, and most importantly do *not* research these terms to learn more.

#Cryptocurrencies #Cryptocurrency Exchange #Cryptocurrency Wallets 120 social mentions

3

Bisq

There is a widespread misconception among both the supporters and opponents of Bitcoin that it is an untraceable and anonymous currency. This is not the case. Bitcoin is a public ledger, meaning that all transactions are publicly visible and directly traceable. It's not even anonymous, only pseudo-anonymous, meaning that while addresses are not directly tied to any particular individual, user activity can still be directly tracked through these addresses. This also means that if these addresses can be linked to you in any way - for example after depositing some BTC onto an exchange that has your info - then all transactions involving that address can also be linked to you. True anonymity requires that no individual users can be identified amongst the crowd, something which Bitcoin does not achieve. This is also true for most other cryptocurrencies as well. Someone who is looking for anonymity, privacy, and untraceability would instead want to use mixing tools such as [CoinJoin](https://coinatmradar.com/) for BTC or [Tornado cash](https://tornado.cash/) for ETH, or a privacy-oriented currency such as [Dash](https://www.dash.org/), [Zcash](https://z.cash/), or best of all, [Monero](https://www.getmonero.org/), which hides the sender, receiver, and amount of every transaction. All of these privacy-coins also have much lower fees and confirmation times, and are better for the environment. But you definitely should *not* use these, because using such currencies will weaken the state's parasitic grip on currency and general finance, something which would be *absolutely terrible*. Definitely do *not* use tools such as [localmonero](https://localmonero.co/?language=en), [crypto atms](https://coinatmradar.com/), or [Bisq](https://bisq.network/) in order to obtain these currencies, do *not* contribute to the strength and decentralization of these projects (while simultaneously earning money) by [mining](https://www.getmonero.org/get-started/mining/) them, and most importantly do *not* research these terms to learn more.

#Cryptocurrencies #Cryptocurrency Exchange #Crypto 370 social mentions