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You'd be surprised how public your crypto transactions are
Edit: After looking more deeply into Monero, I gotta say, they are doing something that gets about as close as you can get. Good for them, and thanks for bringing this up.
"about as close as you can" = literally untraceable lol
Monero is legit. The technology is fucking impressive.
It's not literally untraceable (unless you mean figuritively literally) it's just effectively untraceable.
Also important to note that your transaction is essentially as private as you are, which assume that the user is taking precautions to not broadcast to the world what website they are going to and at what time and for what. So obviously the biggest flaw is still user behavior (using a sketchy exchange, using the same Monero wallet for multiple transactions, connecting your Monero wallet to another non-private wallet, and leaking metadata outside of the block chain are all things that can and do happen and make this not literally untraceable.
But yes, it gets about as close as you can.
https://www.trmlabs.com/resources/blog/the-rise-of-monero-traceability-challenges-and-research-review
Monero, the crypto, is untraceable. Any user error is unrelated to that.
You can use the same Monero wallet as many times as you want. I'm not sure where you got this idea that you can't use the same wallet more than once, but it's simply not true.
I honestly don't know what you are even talking about? There are no "non-private" Monero wallets. It's not possible. And how does one "leak metadata outside of the [Monero] blockchain"?
Interesting link. Hmm you know, let me look up who this "TRM Labs" company actually is...
Oh wait that's weird, they seem to be directly aligned with the goals of the Trump administration. Huh.
Just a coincidence that you used them as your source I'm sure. I'm certain you have other sources corroborating those claims and have no problem posting them here.
Heyheyhey, I'm not fighting with you here. You use Monero or not, I'm going to be sticking with cash and trade.
Not trying to fight, I was just struck by how wrong you were that's all.
I didn't even say that I use it.
If you use the same wallet for multiple transactions, you create a forensically-discocerable trail. It doesn't give any information in and of itself, but can be used to determine frequency of use, which can be used to trace you. This is, like very basic opsec, just in terms of what you should and shouldn't trust. That's what I'm saying here, and you're missing it because you want to defend a coin that you
?
Monero uses stealth addresses that cannot be linked back to a wallet. They are generated new with each transaction.
Here, read the answer here for a better explanation: https://monero.stackexchange.com/questions/13285/using-multiple-wallets-for-anonimity
I suggest you do some research before saying things with such certainty
Edit: here you know what I'll just paste it here:
The "cannot be decrypted easily" is this person hedging as it's literally never been done.