Theory: The DNMs that are reluctant to accept Monero as an alternative currency could be compromised by LE.

I know it isn't likely. But it is possible especially with the stuff that went down at Hansa.

Monero is another layer of protection and precaution for everyone's opsec. LE would really have no way to analyze and trace your transactions.


Comments


[65 Points] PM_UR_DNM_TAKEDOWNS:

Monero must be accepted by the DNM community.


[29 Points] taimapanda:

Any market that is reluctant to accept Monero is suspicious for a number of possible reasons. Either they're compromised but I don't think that would stop LE doing their work.

The more worrying explanation for me would be that they don't have the skill to implement monero and are scared of venturing into "something new". If this is the case they're not adaptable and skilled enough to run a darknet market and "battle" against LE.


[21 Points] NoFreedomWoAnonymity:

Any market can be taken down or compromised. No tech will stop Admins from being stupid, except if it turns them into superhuman cyborgs. Monero and multi-sig does make it significantly harder to trace the users or seize funds though.


[17 Points] twototheloo:

Alternative Theory: Any market that allows vendors to sell Fentanyl isn't compromised by LE.

Yet


[3 Points] _PrinterPam_:

Sorry, but I find that any reliance on newer, unproven-as-of-yet technology is a bad idea. In the security/cryptography arena, new=unknown. Unknown=bad. The very algorithms we use to keep ourselves safe (those employed by PGP-related programs) have been around for a long time, many of which have been around for multiple decades. They've had countless mathematicians/cryptographers/researchers whacking at them for a long, long time before being considered sound.

BTC obviously hasn't been around as long, but it's been around/been whacked-at/been patched more than the newer ones. Monero looks cool on paper, but there simply hasn't been enough time to know whether it'll hold up after a while of tires-on-the-road. It may.

But there's a bigger point that's being missed at the start on many people's premise in this regard: Though BTC transactions, without the use of mixers/tumblers, is by nature traceable...has there been a single, credible instance of someone being busted from transaction-related evidence? Not saying it hasn't happened, but to date I haven't seen a shred of proof.

EDIT: So, as a vendor, I will be sticking to BTC-only for the foreseeable future. But I'll also be keeping an eye on things.


[1 Points] BennyFromTheBronx:

Fresh accounts keep posting about Monero.

Strange.. if I was a scrupulous man.. I would think LE want people to switch to Monero.

I have Monero stashed, so I hope that becomes the dominant currency for my own sake.. but it's very odd these accounts keep posting about it.


[3 Points] sim6078:

No. Not accepting monero is not suspicious. I sure as hell wouldn't accept a crypto currency that will probably die like 99% of the others. Bitcoin is the only way to go right now. All other cc's are only used for mining and pump and dumps.


[1 Points] snugglelufugus:

Lame attempts at pumping your coin arent going to work, the only problem with bitcoin now is the nerd battle over blocksizes. If monero were serious theyd open a LBC and create a spv wallet.


[1 Points] mega13318:

wouldnt le find it more suspicious if people cashed out million of dollars of a currency only used on the darknet unlike bitcoin which is still mostly anonymous unless they know who both bitcoin ids are


[1 Points] kissmeonce:

Which markets accept it?


[0 Points] Mr_Spraybutter:

People aren't getting busted by tracing the bitcoin transactions for fucksakes. This should be the last worry. Dudes are getting caught by getting stuff seized, people ratting, poor opsec, etc.. people act like it's so easy to just trace a Bitcoin transaction, especially now with everyone buying it.


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[-9 Points] cheapcab:

Monero is cool and all but stop shilling it here. We know about it.