Justawook
· 126w
Okay ill be honest what's the point of coinjoins? I'm a stupid pleb that has a hard time understanding concepts.....what is the use case for coinjoins??
Your usage of bitcoin is publicly viewable. If you have a bitcoin address attached to your identity, such as if you bought from a KYC exchange, then the Feds and anybody else can and do see the contents of your wallet and all of your spends. They actively look for it, trying to attach this information to your identity.
Conjoins break the links so they can't trace your bitcoin back to you.