this post was submitted on 19 Jan 2024
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How does Monero work compared to the other big ones?
Every time there is a transaction the sender's funds are mixed together with a bunch of other senders, and the recipients receive their money from this random pool, so there is no direct association between sender/receiver
Automated money laundering.
Yes I laundered some of my salary from work. don't report me please.
Well people like you aren't the issue so much as you are the enablers.
This is not quite correct. You do not have to involve anybody else in your transaction. What happens is the protocol takes a random selection of 15 other people who have spent money and adds them to a ring so that your transaction could be any one of 16 different outputs. But there is no mixing of funds involved.
your fake internet points are routed via north korean money laundering scheme