I was thinking of a way to make my bitcoin more anonymous and not tied to KYC systems like Coinbase or Kraken. I'd love to hear what you think?
- Buy Monero (XMR) on Kraken. KYC wouldn't matter since XMR transactions are confidential.
- Use Xmr.to or Bisq to trade XMR for Bitcoin
- Have that Bitcoin from step #2 sent to hardware wallet or equivalent cold storage.
Thoughts? Do you see any flaws here?
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from Bitcoin - The Internet of Money http://bit.ly/2Tk9S8j
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