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194 sats \ 3 replies \ @elvismercury 8 May \ on: $330M Bitcoin social engineering theft victim is elderly US citizen bitcoin
Additional thought: interesting to me that, with $330m on the line, the laundering happens through Monero.
Some people insist that Monero is worthless (discussion here], but this is a pretty giant fucking revealed preference re: actual utility in a high-stakes situation, as far as I'm concerned.
Especially given that it moved XMR price by 50%. The dude really wanted those funds in Monero.
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401 sats \ 1 reply \ @ek 8 May
You might be interested in this: #879654
Thank you, this was very informative. I'm more bullish on Monero's privacy than before.
Conclusion: don't receive bitcoin as a DNM admin, run your own node, praise Dandelion, don't use KYC exchanges to cash out.
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55 sats \ 0 replies \ @elvismercury 9 May
You're right, I was -- thanks!
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0 sats \ 0 replies \ @kilianbuhn 9 May
You're right, it is revealed preference. Not necessarily objectively the technologically best decision.
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