Thursday, July 15, 2021

Monero --> Bitcoin technical question

This is NOT intended for nefarious purposes, just curious of technical nature of the swapping of Monero to Bitcoin because I love blockchain tech.

Simply, does possessing Monero and converting it to Bitcoin cut off the traceability of Bitcoin from say a KYC exchange to your personal wallet? Another way, does the introduction of Monero into the exchange equation "wash" Bitcoin? What are the underlying blockchain events that are occurring and does this increase the theoretical privacy of Bitcoin?

I absolutely understand that Bitcoin blockchain is public ledger, etc. and ultimately COULD be traced to your wallet if there is any historical connection between a KYC ACH-connected exchange and your wallet through the witness of multiple transfers.


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