Damus
Daedalus · 2w
When you coinjoin your UTXO is considered tainted and you can't offramp without getting your funds frozen and having to legally prove origin of funds. Not only that but the primary coinjoin devs on ...
Garth Algar profile picture
Coinjoin? Is it like getting monero for your btc in the cake wallet? Exchanging coins without an intermediary, exchange or some company?

If you meant that; yes… very good way to go, BUT because those devs are in prison few will follow that road for the time being.

Could wallstreet co-opt monero like they did with btc?

Yes, right? Cause they have the money printer… and start buying in quickly
Daedalus · 2w
Coinjoin is a type of Bitcoin transaction where yours, and many other's, UTXOs are mixed and what outputs are many UTXOs of equal value given back to random individuals who put their coins in. You then have UTXOs that have an equal chance of belonging to one of the other inputs as they belong to you...