say someone asked you to open your wallet and asked you where your funds came from, can you just say that you mined it? since XMR cant be trace afaik
say someone asked you to open your wallet and asked you where your funds came from, can you just say that you mined it? since XMR cant be trace afaik
Yes you can just say that.
If someone knows for a fact that you have Monero and they know the exact amount, and want to know where it came from:
If someone suspects that you have Monero but does NOT know how much:
If no one suspects that you have Monero, and for now you are “in the clear”:
Of course it is better if you avoid anyone knowing you have Monero altogether.
Remember that you always have the option of moving them to a new wallet, say you got hacked and have no access to it.
Of course all this depends on your country and how authorities are there. If you live in a very authoritarian area where authorities do not care about evidence and they only care that “you look guilty”, nothing will save you. If you live in a country where you must go to court and be proven guilty, I think with Monero its pretty easy to do any of those steps and cover your ass.
But as always, try to not be discovered using Monero in the first place
Man you are such a genius! it mades clear to me just how anonymous monero is compared to bitcoin… people say if you mined monero theres some mark on it that its a mined monero like uXTO or some shi like that, but if you move it to new wallet it will immediately clear all those history… and what you say makes perfectly sense, those $200 new wallet trick is brutal also thanks bruv