How would you do it to be anonymous?

[target]

The amount of coins I have is not also going to make the government interested but what about in the future when even the tokens we hold becomes valuable?

I'm puzzled with the idea when technical users says something like there's no such thing a private. If its true actually, it looks like were all screwed already if governments are going to crack down wallets.

Frankly the government is least bothered about you as you are not a threat. If you want to stay anonymous then first delete all your digital footprint. It is not that easy to do it as it requires you to completely vanish from the internet. I do not think it is possible to hide every financial transactions. As you have already mentioned you are using P2P for cash out. That means you are still leaving financial foot prints which the government can question you if they want to.

Making transactions outside any platforms will do. The OGs most likely escaped those digital footprints if they make deals outside like meeting someone willing tk buy coins at market price. This is also risky because we're also unsure who we met but definitely Cash is anonymous.

With a newly generated BT  address, its all there is but if the coins comes from an exchange where we submit data, its also not anonymous because this address is connected to the exchange and can be seen in the blockchain.

What I can try is transact with someone in this forum who buys BTC and me recieving USD in my local digital wallet which I can also exchange to my local currency.  But anything digital also need my data.

[dkbit98]

What I can try is transact with someone in this forum who buys BTC and me recieving USD in my local digital wallet which I can also exchange to my local currency.  But anything digital also need my data.

I think you are mixing anonymity with privacy, especially when we are talking about payment methods and exchanges.
Nobody is forcing you to use digital wallets for your fiat currency and bank accounts, you still have the option to choose cash, and p2p trading with bitcoin to cash is possible.

[ABCbits]

--snip--

Making transactions outside any platforms will do. The OGs most likely escaped those digital footprints if they make deals outside like meeting someone willing tk buy coins at market price. This is also risky because we're also unsure who we met but definitely Cash is anonymous.

Such risk indeed exist, but it could be reduced with common precaution such as,
1. Meeting on public place.
2. Bring friend, family or someone else you trust.
3. Bring panic alarm/emergency button device.

--snip--
Nobody is forcing you to use digital wallets for your fiat currency and bank accounts, you still have the option to choose cash, and p2p trading with bitcoin to cash is possible.

Depending on where you live, using cash isn't practical though since it's either hard to find someone else who willing to do that or faced worse exchange rate.

[dkbit98]

Depending on where you live, using cash isn't practical though since it's either hard to find someone else who willing to do that or faced worse exchange rate.

You can literally find p2p trading options for cash to bitcoin and vice versa anywhere in the world all the time, and rates are not worst like you think.
Peach Bitcoin, Bisq, OrangeFren, and many p2p trading groups are available everywhere for years.
If someone is having a problem exchanging coins for cash than something is wrong with him, or he is newbie in this space.

[target]

Depending on where you live, using cash isn't practical though since it's either hard to find someone else who willing to do that or faced worse exchange rate.

You can literally find p2p trading options for cash to bitcoin and vice versa anywhere in the world all the time, and rates are not worst like you think.
Peach Bitcoin, Bisq, OrangeFren, and many p2p trading groups are available everywhere for years.
If someone is having a problem exchanging coins for cash than something is wrong with him, or he is newbie in this space.

What we have in my country is our digital cash system where we sell p2p our coins for digital cash and digital cash to real physical cash which leaves digital footprint  like said above. Not the most ideal but because the platform taking our data is not our government but the international exchange, I guess it still acceptable.

I see Bisq is like P2p platform where we need to install the software. I doubt there is someone near me that is also in Bisq though.

[bee]

The amount of coins I have is not also going to make the government interested but what about in the future when even the tokens we hold becomes valuable?

I'm puzzled with the idea when technical users says something like there's no such thing a private. If its true actually, it looks like were all screwed already if governments are going to crack down wallets.

So what do you want to do with your valuable token?
Trying to be anonymous is really harder than you think, and I think you should not exchange your coins for fiat at all, only make transactions outside the jurisdiction of your country and not use any identity associated with you including your address.
Getting privacy is easier than being anonymous.

[target]

The amount of coins I have is not also going to make the government interested but what about in the future when even the tokens we hold becomes valuable?

I'm puzzled with the idea when technical users says something like there's no such thing a private. If its true actually, it looks like were all screwed already if governments are going to crack down wallets.

So what do you want to do with your valuable token?
Trying to be anonymous is really harder than you think, and I think you should not exchange your coins for fiat at all, only make transactions outside the jurisdiction of your country and not use any identity associated with you including your address.
Getting privacy is easier than being anonymous.

Consider the tokens I have comes from a local exchange backed by our SEC so they comply to the laws of our governement. How can I have privacy in such situation?

Even if I will not exchange my coins to fiat, they know I have valuable assets hidden in a wallet somewhere. This is not a secret because they can trace it from the exchange wallet and I have KYC as well. It wouldn't help either if I only make transactions outside government jurisdiction, its still my wallet.

[Wiseman]

You want to be anonymous to banks and to the government of your country not because you are criminal but you just want to after all we are trying to use mixers to make it untraceable.

For instance I generate a new BTC address to a newly installed electrum. but cashing out to send the BTC to a p2p means I will submit bank account or local digital currency wallet which I've submitted KYC reveals myself already. So how do I do it?

Would you recommend using someone else bank account or someone else local currency wallet which is linked to someone else name?

the most optimal for anonymity in cryptocurrency I think it is worth just taking the usual actions such as not showing your wallets to anyone, not telling anyone how much you earn, and especially they show the balance on these wallets and the balance on the exchange.

[KryptoBull]

Consider the tokens I have comes from a local exchange backed by our SEC so they comply to the laws of our governement. How can I have privacy in such situation?

Even if I will not exchange my coins to fiat, they know I have valuable assets hidden in a wallet somewhere. This is not a secret because they can trace it from the exchange wallet and I have KYC as well. It wouldn't help either if I only make transactions outside government jurisdiction, its still my wallet.

Currently, we use bank cards and the government can easily know the balance in our accounts. We have given up a lot of privacy when signing the service terms of banks for many years.

The same thing happens with CEX users, we rarely read hundreds of lines related to regulations before quickly agreeing to create an account. However, the good news is that CEXs are crypto companies and do not belong to the governments, CEXs need to protect the personal information of customers. CEXs will only provide users information to the authorities when there is a clear request from the court to track down criminals. So you don't need to worry too much about privacy when using CEXs, you should worry about the existence of CEXs under the threat of hackers.

[Jating]

You want to be anonymous to banks and to the government of your country not because you are criminal but you just want to after all we are trying to use mixers to make it untraceable.

For instance I generate a new BTC address to a newly installed electrum. but cashing out to send the BTC to a p2p means I will submit bank account or local digital currency wallet which I've submitted KYC reveals myself already. So how do I do it?

Would you recommend using someone else bank account or someone else local currency wallet which is linked to someone else name?

the most optimal for anonymity in cryptocurrency I think it is worth just taking the usual actions such as not showing your wallets to anyone, not telling anyone how much you earn, and especially they show the balance on these wallets and the balance on the exchange.

But if you have to exchange your crypto with your local fiat, then that's where your anonymity will be unravel, and this is what the OP is asking. He wants to keep his privacy and doesn't want to used a 3rd party like exchange or banks. So it's very difficult to do it right because because of the mandated KYC enforced by banks and crypto exchange.

The best thing that I can only see here is doing it face to face and exchange your crypto to fiat. But it also entails risk as well as you don't know who you dealing it. But if you want to go to this route then why not? Just make sure that you are in public places and you will not do it alone, at least someone you trust should be at your side before doing the transactions.

[dkbit98]

Currently, we use bank cards and the government can easily know the balance in our accounts. We have given up a lot of privacy when signing the service terms of banks for many years.

This is not true.
You can have cards issued in different countries so your government can't know what is your balance on that account.
And even in your own country they need to get this information from banks, so it's not that easy for them to know account balance for all people.
Only with CBDC they could have total control all the time, if people are stupid enough to accept that crap.

[Wiseman]

You want to be anonymous to banks and to the government of your country not because you are criminal but you just want to after all we are trying to use mixers to make it untraceable.

For instance I generate a new BTC address to a newly installed electrum. but cashing out to send the BTC to a p2p means I will submit bank account or local digital currency wallet which I've submitted KYC reveals myself already. So how do I do it?

Would you recommend using someone else bank account or someone else local currency wallet which is linked to someone else name?

the most optimal for anonymity in cryptocurrency I think it is worth just taking the usual actions such as not showing your wallets to anyone, not telling anyone how much you earn, and especially they show the balance on these wallets and the balance on the exchange.

But if you have to exchange your crypto with your local fiat, then that's where your anonymity will be unravel, and this is what the OP is asking. He wants to keep his privacy and doesn't want to used a 3rd party like exchange or banks. So it's very difficult to do it right because because of the mandated KYC enforced by banks and crypto exchange.

The best thing that I can only see here is doing it face to face and exchange your crypto to fiat. But it also entails risk as well as you don't know who you dealing it. But if you want to go to this route then why not? Just make sure that you are in public places and you will not do it alone, at least someone you trust should be at your side before doing the transactions.

Well, what's stopping him from doing it through exchangers? I don't see any problems with this at all and I use them constantly (dozens of times a year), you can transfer the required amount of money to an exchange where you don't need to go through verification and from there withdraw it to a disposable wallet and from there through the exchanger withdraw money to a fiat internet wallet and from there to your card or use the card from this wallet, then if you need to withdraw money, you just go to an ATM and withdraw it, I think most people know about this.

[target]

You want to be anonymous to banks and to the government of your country not because you are criminal but you just want to after all we are trying to use mixers to make it untraceable.

For instance I generate a new BTC address to a newly installed electrum. but cashing out to send the BTC to a p2p means I will submit bank account or local digital currency wallet which I've submitted KYC reveals myself already. So how do I do it?

Would you recommend using someone else bank account or someone else local currency wallet which is linked to someone else name?

the most optimal for anonymity in cryptocurrency I think it is worth just taking the usual actions such as not showing your wallets to anyone, not telling anyone how much you earn, and especially they show the balance on these wallets and the balance on the exchange.

But if you have to exchange your crypto with your local fiat, then that's where your anonymity will be unravel, and this is what the OP is asking. He wants to keep his privacy and doesn't want to used a 3rd party like exchange or banks. So it's very difficult to do it right because because of the mandated KYC enforced by banks and crypto exchange.

The best thing that I can only see here is doing it face to face and exchange your crypto to fiat. But it also entails risk as well as you don't know who you dealing it. But if you want to go to this route then why not? Just make sure that you are in public places and you will not do it alone, at least someone you trust should be at your side before doing the transactions.

Well, what's stopping him from doing it through exchangers? I don't see any problems with this at all and I use them constantly (dozens of times a year), you can transfer the required amount of money to an exchange where you don't need to go through verification and from there withdraw it to a disposable wallet and from there through the exchanger withdraw money to a fiat internet wallet and from there to your card or use the card from this wallet, then if you need to withdraw money, you just go to an ATM and withdraw it, I think most people know about this.

There is no exchange todah that doesn't asks your data. Your government will ban the exchanges operating illegally in your country if they don't cooperate with the government and comply to their laws. You can be assure that it doesn't just stop to compliance and cooperarion when it comes to tracking funds.

Only with CBDC they could have total control all the time, if people are stupid enough to accept that crap.

Unfortunately this is where we are going. Every user leaves their name linked to a wallet they onced used to make transaction. The more exchanges you used I guess the CBDC will connect them all and just compute all the transactions you do.

[Wiseman]

There is no exchange todah that doesn't asks your data. Your government will ban the exchanges operating illegally in your country if they don't cooperate with the government and comply to their laws. You can be assure that it doesn't just stop to compliance and cooperarion when it comes to tracking funds.

I sometimes trade on the Yobit exchange and verification has never been required there. Earlier, I made a topic on another forum in which I wrote about many exchanges and most of them did not require mandatory verification. If you don’t only look at the top 10 exchanges, there are a lot of such exchanges, you just weren’t looking.

[target]

There is no exchange todah that doesn't asks your data. Your government will ban the exchanges operating illegally in your country if they don't cooperate with the government and comply to their laws. You can be assure that it doesn't just stop to compliance and cooperarion when it comes to tracking funds.

I sometimes trade on the Yobit exchange and verification has never been required there. Earlier, I made a topic on another forum in which I wrote about many exchanges and most of them did not require mandatory verification. If you don’t only look at the top 10 exchanges, there are a lot of such exchanges, you just weren’t looking.

I like yobit alao but I'm not sure if how big must the BTC you deposit before they will ask our data. I have tried them before and although I personally didn't experience issues with them, I just don't know when it will happen.

The accusations against them are probably just accusations. People echo what was accussed that even the new crypto users avoid them.

Withdrawing BTC from the yobit exchange means BTC can only be traced it from them and the exchange serves as mixer?