• 1 Post
  • 398 Comments
Joined 2 years ago
Cake day: June 11th, 2023
  • AnnatoPrivacy@lemmy.ml•How to get started with anonymous cryptocurrency payments?
    6•7 days ago

    If you are going to spend it on mundane and legal stuff and assuming you live in mostly free country use a trustworthy exchange even if it requires KYC and spend it normally.

    Keep in mind once you buy monero even from a KYC exchange they can’t track it afterwards. And this will be the safest option no real risk of getting scammed or stabbed.

    If you are thinking about grey area then keep in mind that the moment something touches real world no matter whether you were using Tor, I2P or something else. It can be traced back to you. And if you are a worthwhile target LEA will spend resources to track you down.

    There are ways to avoid that like using local monero and all but keep in mind those also involve different set of risks.

    #NotAFinancialAdvice #NotALegalAdvice.

    Do your homework and don’t get scammed or stabbed.

  • AnnatoPrivacy@lemmy.ml•FOSS Alternative to Privacy?
    10•7 days ago

    Other than crypto or cash based prepaid debit cards. There is no other service that will allow you to do financial transactions without doing basic KYC and keeping a record of your transactions required by law in almost all countries. They may claim it’s for legal reasons only and they don’t sell it but can you trust them? And how much do you trust your government to respect your privacy and not subpoena those transactions because they deem them to be unlawful.

  • AnnatoAsklemmy@lemmy.ml•How do you justify buying something you want but don’t need?
    4•22 days ago

    If I want something then I generally categories it in 1 of 3 ways. it is must needed, it will significantly improve quality of life, or it is just for fun.

    If it is must then no choice buy or lease.

    If it will improve quality of life then how much does it cost. there is no real formula but if it is less than my 1 day’s income then I’ll mostly buy it. Eg. Flying instead of taking 17-20hr train ride.

    If it is just for fun then it has to be significantly cheaper than my 1 day’s income plus it should bring some enjoyment. Eg. going on fun trips, etc.

    Edit - I’m currently mostly living on paycheck to paycheck + 3 months reserve in case of emergency. But if you are making much more and are able to save then of course go ahead and buy it.

  • AnnatoAsklemmy@lemmy.ml•Is Bitcoin actually worth anything?
    5•1 month ago

    In this world anything can have value as long as there are other stupid ppl who’d believe you. Any form of money is just a piece of paper. Gold, silver and all those are just rocks. Even food once was cherished as the ultimate wealth but now we waste food by Metric F*ck tonnes.

    No one on this earth or beyond can predict what will be the value of anything. If someone says this is going to make you a millions they are either trying to sell you their course/books/etc. Or they think you are the next idiot to whom they can sell garbage.