Crypto Question

Once the original wallet is identified and it is being tracked I don’t know how you could transfer those funds to other wallets that will also be traced. Maybe there is bank in the Cayman’s or Tortola that will do a transfers from digital to physical. Going non KYC from digital to physical seems like the only way to break the digital chain and will have to be done in a sovereign nation that won’t cooperate with Canada.

It is a good question and look forward to some other ideas.

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Also who do you like for wallets?

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I mostly use MetaMask because it works well in the defi space. I use ledger as my hard wallet.

Thanks, I wasn't aware of the admin keys. You hear people talk about this tyranny on the Freedom Convoy with crowdfunding being shutdown, and people saying this is why crypto should exist, but it sounds like a govt can lock that down as well.
I agree it can bypass crowdfunding sites that are fascists. Do the govts have to use these emergency powers to shutdown financial accounts? I suspect they can do this anytime they want.

If you find someone willing to take funds in crypto under the table, there is nothing can be done about it. Peer to peer transactions on the Bitcoin network are out of the scope of what the government can realistically stop without some fairly extreme measures. However, if these blacklisted wallets need access to a fiat off ramp, what they would likely need to do is to transfer your funds to a non-KYC compliant exchange like CoinEx or KuCoin which you’ll need to access with a VPN and cash out there.

You could also send Bitcoin through what is called a Bitcoin tumbler (e.g Coinjoin) which breaks the transactions up into many smaller transactions and routes them through complex chains of transactions where they are mixed with other peoples coins before going to the destinations so that the waters are really murky as to who you actually sent the funds to. Kind of similar to how VPN ensures privacy for accessing websites, just with transferring money. Once the funds arrive in the destination, it’s possible they are considered entirely washed by exchanges but certainly not a guarantee.

If I found myself in the position of needing fiat and my wallet addresses were known and blacklisted by all major exchanges, I’d probably use a tumbler and keep them in cold storage just with a new address and then use a non-KYC exchange to transfer to stablecoins, transfer back to an exchange with my bank account and liquidate. Not all at once either, I’d want to see that this worked without setting off any red flags with a small amount before committing the whole thing.

Sounds like a lot but it really isn’t.

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We may have to go back to the old day of hiding money and staying away from the banks. Just keep alittle money to stay off the radar in an bank account to make it look like you live pay check to pay check. Hide the rest that cannot be tracked by big brother.

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I have been getting this feeling more and more lately. Money talk people talk trash about holding cash but cold hard cash in a secure location is the only true way you are in control of your money. Stocks are gambling and the gov can seize your accounts. Anything n the digital realm is at risk

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Is MetaMask where you do transactions with others?

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Yes. I can send and receive crypto from Metamask from my wallet address to other wallet addresses and vice versa. You just have to make sure you are on the correct blockchain. For example if you are sending receiving ETH or ERC20 tokens you have to make sure you are on Ethereum Mainnet. If you are sending receiving Avalanche you have to make sure you are on the Avalanche blockchain. Etc., etc. And you can exchange crypto on different blockchains by bridging networks on sites like Synapse Bridge, Pancake Swap, Sushi Swap, Uniswap...etc.

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Can someone please explain how Bitcoin or Crypto is possibly safer?

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IMO, crypto is not safer for the non tech savvy simply because of user error. There are a lot of scammers that try to get to your wallet. That is the biggest danger for newbies. Never trust someone with your wallet password or keys ever.

so many covered most things, but essentially you can do the following

transfer to decentralized wallet, tumble, send to new wallet and then funds are cleared.

with bitcoin that has gotten hard and harder as the government continue to crack down on tumbling services because they want to know everything. with Eth its still pretty possible but again NSA and CIA are doing everythign thye can to shut this kind of stuff down.

This is a good tutorial if you want to interact with the blockchain directly without a wallet frontend GUI and just interact with the blockchain explorer directly.

LINK

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Sure it may be secure in your wallet but if you can’t make transactions and exchange that imaginary coin for something tangible that you can use to sustain yourself it is essentially worthless

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That's true of any property though.