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Is this how plausible deniablity works in XMR?
(monero.town)
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
I would like to add that if you actually have XMR in a wallet that you got from mining, and you never moved those funds before, you CAN confirm that those funds came from mining. In fact, the GUI wallet will show a symbol indicating that it came from mining (what's called a "coinbase" transaction).
However you could just say that you moved the funds from the mining wallet to this other wallet, but then I will ask again: Show me the mining wallet that got those mining transactions.
thats actually genius, you can just say that your computer got infected before, and move all the funds to new wallet and burned the old one just to be all safe then it cant be track anymore? is that what you trying to say?
Yes that is exactly it.
That is why you should always make sure to lose all your XMR on a boating accident right after acquiring them ๐
I think im getting what the boating accident mems