[ANN] Mixero.io | Best Bitcoin Mixer | Extra Layer of Privacy by XMR Bridge

[rby]

In Brazil the p2p operator may decide the declare the operation to the tax authority, so you are never really sure you can avoid taxes by using p2p.

Avoiding taxes using p2p would definitely involve trust in the p2p operator.

I don't think anyone can avoid tax when using p2p in the cryptocurrency world because every exchange mostly the centralized exchanges are heavily control and taxed by the government and in return the Exchanges transfer the taxes they paid to the government to the customers so the customers paid the taxes for them and not them again.

So every users of centralized exchanges pay tax. In Nigeria, from 2022 to early 2023, we were not paying tax in exchange it was when Binance and some exchange started to manipulate the dollar against the local currency by inflating the price in the exchange rate and the government discovered it and started bringing their policies against the Exchanges and taxed them and they transferred the taxes to the uses of exchange.

If anyone is trying to avoid taxation through p2p, it is possible because of the nature of their country's laws. Different countries have different policies regarding crypto and taxation. If there are ways to avoid tax by p2p, share to us. But it is right that every law abiding citizen of a country to pay tax.

If someone needs a tax free transactions, a decentralized exchange is a better option.

[Forsyth Jones]

If anyone is trying to avoid taxation through p2p, it is possible because of the nature of their country's laws. Different countries have different policies regarding crypto and taxation. If there are ways to avoid tax by p2p, share to us. But it is right that every law abiding citizen of a country to pay tax.

brazil's tax authority is cracking down on Bitcoin users and they've no problem creating or adapting laws that destroy privacy to achieve this. A government like this doesn't deserve the ridiculous amount of taxes it collects when it provides no return for the people, especially for the poor who end up paying the most taxes precisely because they're the weakest link.

This is exactly why Bitcoin, mixers and coinjoins exist, they're tools to protect our assets and privacy.

If someone needs a tax free transactions, a decentralized exchange is a better option.

You are right, like using DEX like Bisq.
But the best way to escape government surveillance is to operate without banks and PIX which are monitored.

[NotATether]

brazil's tax authority is cracking down on Bitcoin users and they've no problem creating or adapting laws that destroy privacy to achieve this. A government like this doesn't deserve the ridiculous amount of taxes it collects when it provides no return for the people, especially for the poor who end up paying the most taxes precisely because they're the weakest link.

You've got people living in favelas and having no other choice but to turn to organized crime, while this government is busy making more taxes, more taxes, and more taxes.

Maybe someone should audit them and see where all this money is going because it sure as hell ain't going to the economy.

[Mate2237]

You are right, like using DEX like Bisq.
But the best way to escape government surveillance is to operate without banks and PIX which are monitored.

That would have been the best option but there is no decentralized exchanges like the way centralized exchanges do which make things easy for everyone to used. Even bisq is not for everyone because those who are using Android phones can't use it because the software only work in computer. And even the computer it is Linux OS.

And once decentralized exchanges work well for everyone to used then all these nonsense the government is doing will just end up. The cryptocurrency ecosystem marketing system needs urgent change of centralized exchanges to decentralized exchanges.

[Husna QA]

Each service has its own method for calculating risk, or what's known as an AML score, and some even use it as a pretext for fraud and theft. Therefore, there's no fixed rule. However, as long as your currency has a low AML score (less than 20%), you'll be safe. The easiest option is to avoid centralized services that may have such policies.

Thanks, I've seen reports of people running into issues. Maybe it's better to send mixed funds directly to exchanges and split transactions into steps, moving funds between addresses in my own wallet first to reduce linkage risks

I once read about a case where users who make BTC deposits are rejected by the intended exchange for several reasons.

I think it would be better to send Bitcoin Mixing results to your wallet first before forwarding them to an exchange. If you want to send BTC from the mixer service to an exchange, you can activate the Clean Coins option as provided by Mixero (https://mixero.io/mix_advanced).

[Wiwo]

In Brazil the p2p operator may decide the declare the operation to the tax authority, so you are never really sure you can avoid taxes by using p2p.

Avoiding taxes using p2p would definitely involve trust in the p2p operator.

I don't think anyone can avoid tax when using p2p in the cryptocurrency world because every exchange mostly the centralized exchanges are heavily control and taxed by the government and in return the Exchanges transfer the taxes they paid to the government to the customers so the customers paid the taxes for them and not them again.

So every users of centralized exchanges pay tax. In Nigeria, from 2022 to early 2023, we were not paying tax in exchange it was when Binance and some exchange started to manipulate the dollar against the local currency by inflating the price in the exchange rate and the government discovered it and started bringing their policies against the Exchanges and taxed them and they transferred the taxes to the uses of exchange.

If anyone is trying to avoid taxation through p2p, it is possible because of the nature of their country's laws. Different countries have different policies regarding crypto and taxation. If there are ways to avoid tax by p2p, share to us. But it is right that every law abiding citizen of a country to pay tax.

If someone needs a tax free transactions, a decentralized exchange is a better option.

Apart from income tax which is deducted from every deposited fund, cryptocurrency trading most especially through p2p most likely overcomes tax implications by default and that is the reason why most countries around the world see cryptocurrency trading and transactions as tax invasion so for sure we ought to balance ourselves with that reality and act along with the acceptable format that works with our unique countries and their tax law most especially those that are related to cryptocurrency exchange.

[hobic]

Nice design and complete information

[rby]

If anyone is trying to avoid taxation through p2p, it is possible because of the nature of their country's laws. Different countries have different policies regarding crypto and taxation. If there are ways to avoid tax by p2p, share to us. But it is right that every law abiding citizen of a country to pay tax.

brazil's tax authority is cracking down on Bitcoin users and they've no problem creating or adapting laws that destroy privacy to achieve this. A government like this doesn't deserve the ridiculous amount of taxes it collects when it provides no return for the people, especially for the poor who end up paying the most taxes precisely because they're the weakest link.

This is exactly why Bitcoin, mixers and coinjoins exist, they're tools to protect our assets and privacy.

If someone needs a tax free transactions, a decentralized exchange is a better option.

You are right, like using DEX like Bisq.
But the best way to escape government surveillance is to operate without banks and PIX which are monitored.

It is worrisome how the weak pay more of the taxes. I have heard the allegations for long but I took my time somes year ago to conduct the research, the result affirmed the claim. The rich has means to avoid taxes, either by directly bribing the taxation institutions, or they institute false gifting in the name of charity to evade taxes.

Bitcoin provides opportunity for the poor to evade tax, but I will not support that, unless when such government is totally irresponsible or they make vague laws that undermine and intimidate the poor.

[zeeMN]

After seeing exch trying to protect it's business from any potential scam artists cloning it's  serv, how does Mixero handle such because I don't think nobody hasn't tried to phish for money.

[NotATether]

After seeing exch trying to protect it's business from any potential scam artists cloning it's  serv, how does Mixero handle such because I don't think nobody hasn't tried to phish for money.

It is arguably not as big of a problem with most mixers as it is with eXch, as they've become a high-profile target for this kind of stuff recently.

But as long as you bookmark your mixer links or use a bitcoin mixer list, then phishing should not be encountered.

[Forsyth Jones]

After seeing exch trying to protect it's business from any potential scam artists cloning it's  serv, how does Mixero handle such because I don't think nobody hasn't tried to phish for money.

It is arguably not as big of a problem with most mixers as it is with eXch, as they've become a high-profile target for this kind of stuff recently.

But as long as you bookmark your mixer links or use a bitcoin mixer list, then phishing should not be encountered.

In addition, it's important to favorite exchange services, avoid clicking on suspicious links, not installing anything suspicious or checking the gpg signature beforehand. These actions, in addition to keeping your PC/Laptop safe, will cause less private data to be leaked and will make your computer safe.

You've got people living in favelas and having no other choice but to turn to organized crime, while this government is busy making more taxes, more taxes, and more taxes.
Maybe someone should audit them and see where all this money is going because it sure as hell ain't going to the economy.

Despite heavy taxation, the brazilian people maintains strong productivity and innovation. I often wonder what would brazil look like without all these corrupt, idiot politicians? We could have become a powerhouse rivaling China. This is exactly why people are becoming increasingly anti-government. Bitcoin and technology are emerging as tools for individual empowerment. The growing number of people embracing Bitcoin is no joke.

I once read about a case where users who make BTC deposits are rejected by the intended exchange for several reasons.

I think it would be better to send Bitcoin Mixing results to your wallet first before forwarding them to an exchange. If you want to send BTC from the mixer service to an exchange, you can activate the Clean Coins option as provided by Mixero (https://mixero.io/mix_advanced).

Thanks for the insight, I'd like to try this feature someday for testing purposes.
You're right, we should never send mixed funds directly to an exchange, but in any case, it's better to be safe and send to a self-custodial wallet before anything else.

[Kemarit]

Each service has its own method for calculating risk, or what's known as an AML score, and some even use it as a pretext for fraud and theft. Therefore, there's no fixed rule. However, as long as your currency has a low AML score (less than 20%), you'll be safe. The easiest option is to avoid centralized services that may have such policies.

Thanks, I've seen reports of people running into issues. Maybe it's better to send mixed funds directly to exchanges and split transactions into steps, moving funds between addresses in my own wallet first to reduce linkage risks

I once read about a case where users who make BTC deposits are rejected by the intended exchange for several reasons.

If I'm not mistaken, it could have been Binance or Coinbase (I might be wrong though) that rejected it or confiscated the BTC after depositing.

So I do agree, we should practice to at least after a mix, deposit it to a wallet like Electrum before sending it to an exchange. Also there is still the issue of tainted, but I don't know for me, I don't care about tainted coins, as I believed that most coins that are still circulating should still be good and legit.

[Mate2237]

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So I do agree, we should practice to at least after a mix, deposit it to a wallet like Electrum before sending it to an exchange. Also there is still the issue of tainted, but I don't know for me, I don't care about tainted coins, as I believed that most coins that are still circulating should still be good and legit.

That's the best method to do it now because most of the exchanges when they received the deposit, they see it as a suspected or money laundering and confiscated the account. So the best way is to mix the coins to non custodial wallet and send it from there.

With that I think the risking of the account to be blocked because of the deposit from the mixer will be reduced.

[Jating]

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So I do agree, we should practice to at least after a mix, deposit it to a wallet like Electrum before sending it to an exchange. Also there is still the issue of tainted, but I don't know for me, I don't care about tainted coins, as I believed that most coins that are still circulating should still be good and legit.

That's the best method to do it now because most of the exchanges when they received the deposit, they see it as a suspected or money laundering and confiscated the account. So the best way is to mix the coins to non custodial wallet and send it from there.

With that I think the risking of the account to be blocked because of the deposit from the mixer will be reduced.

Yes, and it only shows that we really don't have control if we're going to deposit to a 3rd party. Although I haven't experience it yet, but there were times that I have done it my mistake. Although my account wasn't ban as perhaps it was not that big amount be flag by that exchanges, still though there were anxious moments when I realized what I have done. So moving forward, I'm very careful when I deposited to any exchange, local or top tier.

[Forsyth Jones]

If I'm not mistaken, it could have been Binance or Coinbase (I might be wrong though) that rejected it or confiscated the BTC after depositing.

So I do agree, we should practice to at least after a mix, deposit it to a wallet like Electrum before sending it to an exchange. Also there is still the issue of tainted, but I don't know for me, I don't care about tainted coins, as I believed that most coins that are still circulating should still be good and legit.

It would be even better if, before sending to your self-custody wallet like electrum, you used a wallet connected to your full node or Electrum server. When you broadcast transactions through your own server, you won't have that nagging suspicion about whether some Chainalysis server might be spying on you.

While this is just theory, well it's up to you. Of course, if you can't do that, make sure you to use electrum via Tor, it helps a lot - https://electrum.readthedocs.io/en/latest/tor.html