It's Back to BTC for Darknet Markets After Monero's Binance Delisting \ stacker news ~bitcoin

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It's Back to BTC for Darknet Markets After Monero's Binance Delisting www.coindesk.com/markets/2025/03/31/it-s-back-to-bitcoin-for-darknet-markets-after-monero-s-binance-delisting-chainalysis

663 sats \ 25 comments \ @k00b 1 Apr bitcoin

This is according to Chainanalysis which tends to be full of it, but it's a sad way for bitcoin to "win."

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108 sats \ 2 replies \ @Jon_Hodl 22h

Seems pretty easy to buy Monero on FixedFloat without Binance

42 sats \ 0 replies \ @shadowybadger 17h

Yeah this article seems like BS. Most DNMs ditched BTC for XMR. Lightning might work on DNMs but the amounts can get big. On chain big nono

21 sats \ 0 replies \ @Bell_curve 13h

I used fixed float via trocadero recently...

I mean my 'friend' did this

55 sats \ 17 replies \ @south_korea_ln 1 Apr

No mention of lightning, even though that's the best way to preserve privacy in the BTC ecosystem, if done correctly. As far as I know.

60 sats \ 4 replies \ @ek 1 Apr

if done correctly.

big IF imo, next to the sysadmin challenge of having to run an always-online node with enough inbound liquidity for something as essential like receiving payments next to running your DNM.

53 sats \ 0 replies \ @ek 1 Apr

oh and it's a hot wallet for potentially a lot of funds unless they regularly swap to onchain

0 sats \ 2 replies \ @SimpleStacker 1 Apr

Is it not possible to receive lightning payments if your node goes offline? Can it be engineered so that you can?

40 sats \ 1 reply \ @k00b OP 1 Apr

There's zaplocker today (it locks liquidity on the route so people hate it). We'll eventually see async payments via LSPs but they are still being spec'd out.

0 sats \ 0 replies \ @shadowybadger 17h

Imagine using an LSP as a DNM merchant 😂😂😂

84 sats \ 4 replies \ @k00b OP 1 Apr

Certainly for senders - especially if you're non-custodial and not dependent on a trampoline, it's excellent. Receiver privacy is improving too with blinded paths.

65 sats \ 3 replies \ @028559d218 1 Apr

We need more Bolt 12 integration, plus wrapped invoices.

I would like to see much better Silent Payments support, as far as I know there are only 2 wallets that support it - basically Wasabi and Cake. Wasabi is desktop only... and Cake is multi-coin and so many Bitcoiners don't use it.

We need way, way more education

110 sats \ 2 replies \ @south_korea_ln 1 Apr

https://silentpayments.xyz/docs/wallets/

A few more, maybe, but your point stands. Not enough, even though it's a great approach. The Canadian truckers would likely have benefited from this if it had been around.

0 sats \ 1 reply \ @028559d218 17h

I don't know why we don't have full-on, complete embrace of silent payments.

My understanding is that they are a huge improvement on privacy... which we need desperately. Still don't understand why the blocks are mostly empty... if it's a privacy thing then better education and privacy tools might help.

Don't know.

100 sats \ 0 replies \ @south_korea_ln 12h

I don't know why we don't have full-on, complete embrace of silent payments.

Probably something to ask Ruben Somsen. Silent payments are his brainchild. He's not on SN, but he could maybe join for an ~ama? Not sure the topic would suscite enough interest from Stackers here though.

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32 sats \ 5 replies \ @rafael_xmr 1 Apr

well of course there is no mention of LN, if you open dread today there's zero discussion about LN on the darknet

10 sats \ 2 replies \ @south_korea_ln 1 Apr

What's dread, if i may ask?

171 sats \ 1 reply \ @ek 1 Apr

Reddit for the Darknet

10 sats \ 0 replies \ @south_korea_ln 1 Apr

I see. TIL. Tnx

0 sats \ 1 reply \ @Bell_curve 13h

use fixed float or trocadero swap (with tor)

0 sats \ 0 replies \ @anon 7h

can you swap back from monero to btc?

0 sats \ 0 replies \ @Bell_curve 13h

you can swap lightning for monero on fixed float or trocadero

152 sats \ 1 reply \ @rafael_xmr 1 Apr

Dread's reaction to the article:

0 sats \ 0 replies \ @Bell_curve 13h

you can procure monero on Kraken

0 sats \ 0 replies \ @yo2xncv0 9h

Whoever wrote this article is clearly out of the loop in regards to DNMs and Monero

They make all these claims and have nothing to back it. All the major DNMs are still either Monero-only or Bitcoin/Monero with Monero being recommended.

Then they show a timeline of Monero transaction count conveniently starting with the spike that happened when it was being attacked earlier last year and say "daily number of monero transactions has halved from this time last year." lmao. If you zoom out just a bit from their range you can see avg tx count for Monero has been ever so slowly climbing for years.

0 sats \ 0 replies \ @Bell_curve 13h

Kraken has Monero

Also you can swap bitcoin for Monero using Trocadero.app and other swap services