My bad my bad I meant the Electrum wallet connects to Tor. 

but ok thanks for the replies.

I'm guessing the only time it's an issue is when you look at a transaction. the blockchain explorer website might log your IP. But I suppose if you use tor to look at a transaction you should be fine. Just switch all your default internet to tor.

Why is it recommended to use a wallet like atomic wallet Edit: *Electrum* that uses/connects to the Tor network?

Like I don't get it. If I send anonymous btc (mined, mixed, or xmr transfer) to a generic address I own. How would that mean anyone could know I own it? It's not like those btc addresses save IP addresses do they?

What am I missing?

first time hearing about it was when my gf was trying to buy some to fuel her drug addiction by buying drugs off the silk road back in 2013. God damned I wish I would have let her buy some. Although we prob would have lost the private keys by now.

I then heard about it in 2015 when my room mate at the time was like dude..... what if we could make money by mining bitcoin? We almos decided to do it... my god...... I wish we did. We though mining THEN was hard.... uhg...

Not once did I think the price fluctuated. I thought it was at a fixed rate. in 2013 I didn't look into the price, in 2015 saw the price and was like okay... so at this price it will take X ammount of years to brake even. .... >_< Because you know, thought it didn't move up or down.....

I found out the price fluctuated when a family member bought some bitcoin back in 2017 - 2018 and it dumped. I was loling thinking he bought at the top and sold at the bottom. I thought it was a bubble that would never recover.

Only in 2019 early 2020 did I finally buy some.... only like .... some.... 100 bucks worth which I thought was a lot to be spending on something so "risky" FML!!!!! >_> Like omg.... uhg... It was on Robinhood so I never actually "owned" my own btc.

It wasn't until early 2021 when it started rising did I put more thought into it and started buying. And have been buying ever sense. I realized bitcoin is supposed to be private and buying on an exchange is contrary to what it was designed for. So the btc I got from coinbase I ... anonymized.... it and only started buying from ATMs that let you use a burner number with no ID.

you know the greatest thing about buying non-KYC bitcoin? It's much harder to sell. so when it went from the high 60s and crashed. Having it on a private cold storage wallet meant I couldn't really do a lot in terms of selling, and since it was around the bottom for awhile I was like well fuck it, I couldn't sell in time, so might as well buy more to hopefully lower my cost basis in case it goes up again.

So here I am. over a year later, the inability to sell at certain times was a blessing and now I think I'm a true hodler.

Thanks to the meme videos "buy the dip" that taught me the importance of never selling your bitcoin!!! ^_^

Only way I buy bitcoin now because I want anonymity. Use a burner phone paid for via cash and this is how you can still get anonymous bitcoin in the 2020s..... damned I hate I wasn't into this back in the day when you could buy bitcoin on an exchange no KYC needed

One day soon probably, they'll get rid of this.

However, with the high rates they charge? 60 f***king thousand dollars for bitcoin when it's only 38k....
Yeah you know, I think that should count as paying taxes.

It's only something I heard from people in the youtube comment section. Idk how true it is but it's what I heard.

Also, what counts as proof? If I have a hand written receipt or something, would that count as proof I wonder? How are they gonna say I did NOT buy it in person. Where did I get the money to buy it? Maybe I saved up a ton of cash? Seems like the burden of proof should be on them if they're saying I "owe" more than I say I "owe" but idk how it works.

2nd question btw. Any idea how many people are buying/selling bitcoin and have not paid taxes? I've heard it's a lot but idk what percentage of the population. Like a lot of people I know who are into bitcoin didn't even know you had to pay taxes on trades. I, like them, thought it was only when you cashed out. I heard the IRS sent a crap ton of people letter reminding them of taxes.

Also, do exchanges like coinbase automatically hand over all your info to the IRS or do they only do it upon request? Like the IRS has to call them to ask for yours in particular?
What about exchanges like foreign exchanges like kraken or kucoin? I hear they are less likely to cooperate with the US gov? Idk. anyone have much info on that?

tbh there doesnt seem to be enough.

Most people only think about bitcoin being associated with the silk road which doesnt exist anymore. hardly anyone i speak to irl even knows the price fluctuates and you can get wealthy/it trends up over time. I think if everyone knew that, everyone would pile on board. sending bitcoin to the millions.

How does it work if you sell at a KYC exchange and you pay taxes. But you say you bought it from someone IRL for 70k but you sold at 100k (hypothetically) 

I've heard that unless you have proof, they'll treat it as if you bought it at 0 dollars? Is that true?
So you could end up paying more in taxes than you actually bought it for?
If so, how is that fair?

Why is bitcoin treated like this but buying gold or silver or metals, you can buy for like 20 bucks an ounce of silver, it shoots up to 50 and you sell a crap ton. They seem to be okay with paper receipts so is it really different with bitcoin? Idk... 

Why do people recommend bitcoin mixers over using Monero to get a fresh anonymous bitcoin address?

So I've found out that apparently... firstly... bitcoin mixers can still be traced if you dont do it for long enough of a time or if there isn't a ton of liquidity.

Second, the act of using a bitcoin mixer can "taint" your bitcoin on some exchanges.

Third, you're
trusting that the bitcoin mixing service isn't a glowing honey pot...
trusting that they dont log your data.

Vs you have bitcoin, you want to erase the public trail so you convert to XMR, then send XMR to a new anonymous exchange and convert to Bitcoin. That seems more simple, convenient, and surefire.

The only downside I can see is if you have a large amount. So if you have 9.57 bitcoin then it vanishes, and suddenly somewhere, 9.56 bitcoin shows up on the blockchain, it's a bit more "hmm.... there is a good chance that's it"

But if we're talking 1 btc or less, XMR seems to be the way to go right or am I missing something?