I hope you guys here have mot gotten completely tired of me yet.
My deal is that I will soon have an income stream that I cannot take in cash. So I am under a tight schedule to learn as much here as I can so when this begins I am ready.
I have been asking a lot about buying bitcoin without KYC/AML (New Phrase To Me) concerns. I want to relay a little of what I think I have learned and see if you guys can confirm my thinking here.
My wanting to pull in bitcion anonymously and maintain that so I can move it around using mixers or a wallet like "Rush Wallet" or "Dark Wallet" is not going to work. What I need to do is put the cash into Bitcoin and the next move is to move it into another crypto such as Monero, Darkcoin, Ripple, Litecoin or whatever. Doing this will break the blockchain connected to Bitcoin thus the trace to me is lost. I can then rebuy some bitcoin with a clean blockchain and without any worries be able to sell the bitcoin somewhere like LocalBitcoins-com without a concern of it coming back to me and the person that I sell my coin to is safe and getting clean coin. Using mixers or wallet from what I am finding WILL NOT IN ANY WAY MAKE THE COIN CLEANER AND UNTRACEABLE. It is only when I break the blockchain by moving to another crypto that I am really getting rid of the blockchain and any way the chain of custody from the sender to me is broken.
I need you all to confirm this for me or correct my thinking if I am wrong.
And so far thank you all for answer my questions and teaching me here.