
Founder of @privcartcom | Market Cycle Trader ➿
Joined June 2024
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In Oslo, Norway, a man was recently robbed and held hostage for $2M in crypto by a fake Foodora courier and a uniformed cop.
They broke his jaw, put a pistol in his back, tape and cuff everyone including his wife and mother-in-law while two kids are in the house.
They demanded $2M in crypto, but his wallets were empty. They took watches (six figures in value) and left after 20 minutes.
This is the failed continent of Europe right now:
> You KYC and pay taxes
> Everything is now on a public record
> Police is busy fighting "racism" and "LQCGT2+" crime
> Congratulations, you just put a bounty on your own head with no one to protect you.
nettavisen.no/nyheter/kledde…
>a hacker finally uses zcash
>gets identified immediately
working as intended
Remember how I told you guys $ZEC is a honeypot?
There is only one real cryptocurrency
$XMR
Ledger theft, day two. Since yesterday the thief has pushed ether through Tornado Cash three times, and each time on into Zcash's shielded pool. We followed every lot out the far side. Here is how, step by step.
1. THE SAME BUILD, THREE TIMES
An ether wallet pays a fresh splitter. The splitter pays four fresh wallets. The four drop it into Tornado Cash's 100, 10 and 1 ETH pools. Minutes, every time.
Run 1, yesterday 15:17: 1,254 ETH. Run 2, today 09:42: 1,291 ETH. Run 3, today 11:56: 450 ETH from 0xfa4EaBB840A33C156E600311433AE261CBfCb0e2, in the pools by 12:15.
2. OUT OF TORNADO CASH
The mixer breaks the link between a deposit and a withdrawal. We do not need the link. Our tooling fingerprints the withdrawal transactions themselves: how each one is constructed, who constructs it, and when.
Yesterday's 65 withdrawals (1,084 ETH) and today's 96 (1,726 ETH) all carry the same signature. The six other withdrawals from those pools in today's windows do not. Run 3 came out from 12:18 into 0x0d697aa182801566d87adc86e68e95fd3b2f5f82 (213 ETH) and 0x676b16cc18542f37d202a1a79ac05463395496a4 (122 ETH), and 195 ETH of it was inside a cross-chain swap service by 12:38. Forty-two minutes, end to end.
3. INTO ZCASH, AND OUT AGAIN
The swap service turns the ether into shielded ZEC, where sender, amount and recipient vanish. But the service's own shielding of each lot is public, and from it we derive a value signature for that lot's exit, then scan every transparent exit from the pool. 108 of 108 exits across both days match their lot to the zatoshi. Not one other exit from the pool does.
First lot today: in at 10:18:18, out at 11:06:16 in block 3512847 (8d26a9b095d4d28373527f7a6eb81a3be7f906d1e2190960c0512ff64f369418 and 738c6d1261e79766e4dd16bdbd38dced91b8e3a86ce41dcda83eda1f19208fbf), straight into a ZEC to USDC order.
Today so far: 20 lots ordered (2,379 ZEC, $2.9m), 14 out, 5 inside the pool, 1 still settling. Every exit feeds a ZEC to USDC order paying two wallets born at 11:11, 22 of the 28 paid by 12:43:
0x816D5Ee17DB1495d1409F135b98FF3edc5F3cDf8: 940,561 USDC
0xBA736A4b616e79867B6d586293966b552883f3F3: 852,258 USDC
1.79m USDC, unspent. @Circle can freeze it.
(1/2) 🧵⤵️
John retweeted
Which cryptocurrencies are being used for private payments on Privcart?
#1 monero:native coming in at 53%
#2 bitcoin:native coming in at 24%
#3 ethereum:0xdac17f958d2ee523a2206206994597c13d831ec7 coming in at 11%
#4 ethereum:native coming in at 7%
#5 solana:So11111111111111111111111111111111111111112 coming in at 3%
All other cryptos we have to offer such as litecoin:native and ethereum:0xb58e61c3098d85632df34eecfb899a1ed80921cb coming in at 2%
What's your favorite way to shop in crypto? Which options would you like to see added to privcart? Let us know!
Private payment processing, without the bureaucracy. Check out privcart.com today!
John retweeted
PrivCart passed $100,000 in processed volume, two months after going live.
Thank you to every merchant and customer who paid with us.
If Apple, Google and Samsung use isreali chips nothing is going to save you apart from a Chinese phone
Even GrapheneOS wont protect you because its the hardware itself
Why would I care about the Chinese government spying on me? They cant prosecute me or do shit to me lmfao
John retweeted
Two things most payment processors won't do:
- Accept Monero
- Leave your money alone
We accept monero:native alongside 11 other assets, and we don't convert it. You get paid in what your customer pays in.
No reviews on withdrawals, no reserve held back, no one asking what the payment was for.
One line of code and it's live on your store.
"There was a vulnerability in $ZEC that could be exploited for unlimited issuance since 2022.
If you knew about this vulnerability and used Opus 4.8 to exploit it, you could hack it and issue unlimited coins (of course, from the perspective of professional developers).
However, the problem is that we have no way of knowing whether anyone took advantage of this vulnerability from 2022 until it was fixed just two days ago.
Due to the nature of the privacy chain, we will never know for sure.
In other words, even if Lazarus hacked Zcash and cashed out a large amount of coins, we would never know about it."
It's likely game over for Zcash. See you at $30 like every cycle.
John retweeted
You retards fail to understand the Internet is an open platform. Putting age verification on VPNs serves nothing but a way to surveil and catalogue individuals who use these services to bypass your shit blocks. You don't give a fuck about kids or else you would focus on the parents handing devices to their kids with no oversignt.
People should bypass this by using no ID services like Mullvad so they never have to provide a piece of ID to even make an account. People should also consider using OSS platforms like Signal to bypass your attacks on encryption as well.
Fuck you and fuck the draconian world you want to build.
Virtual private networks #VPN are increasingly used to bypass online age verification.
Protecting children online is a priority, with new rules being implemented requiring a minimum age for access to some services
Read👉 link.europa.eu/FGfr6C
#DSA @EP_Justice @FZarzalejos
Readers added context they thought people might want to know
According to the University of Michigan research paper "Multi-perspective study of VPN users and VPN providers," 82.1% used VPNs "to protect myself from various threats/adversaries."
No research shows that VPNs would be increasingly used to bypass online age verification.
censoredplanet.org/papers/VPN-Sur…
the EU is rolling out the most invasive financial surveillance in modern history
MiCA: every transaction over €1000 must be reported and identified
Digital Euro: every payment programmable and trackable by the ECB
Travel Rule: KYC required for every transfer between exchanges
cash limits: €1000 cap on cash purchases across the EU
the direction is clear. every euro you spend, save, or send will be visible to someone
monero:native exists outside this entirely
- private wealth storage that can't be frozen, seized, or surveilled
- private spending that doesn't show up on a bank statement
- private savings that don't require a custodian to hold them
this isn't about hiding from anything. it's about not being visible to everyone by default
financial privacy used to be normal. cash was private. bank statements were sealed. spending was your own business.
that world is being engineered out of existence
Monero is what's left
while every altcoin is dumping
XMR is pumping
no marketing. no ETF. no VCs. no influencer pumps. delisted by half the exchanges on earth.
up 18% on the month. up 14% against BTC.
there is genuine demand for this coin from people who actually need it
that's a different kind of buyer. and that buyer doesn't sell when the market dips.
name one other crypto with this profile. none.
Monero is banned from exchanges in the EU
delisted by Binance, Kraken, etc.
flagged by chainalysis
called a criminal coin by regulators
and it still works. every single day. no company behind it. no CEO to arrest. no server to shut down.
what other crypto can say the same
payment processors freeze merchant funds every single day
high-chargeback niche? frozen. too much volume too fast? frozen. product category they don't like? frozen. sometimes no reason at all. just frozen.
Stripe, PayPal, Shopify Payments. doesn't matter which one. if a third party holds your revenue, they have all the power and you have none
the only real fix is removing the middleman entirely
@privcartcom is a non-custodial crypto payment plugin for Shopify that i have built. merchants accept $btc, $eth, $sol, $xmr, stablecoins and more. funds go straight to your own wallet on every transaction. 1% flat fee, no KYC, no chargebacks.
there is no account to freeze because there is nothing held on your behalf
this is what merchant financial sovereignty actually looks like
unpopular opinion: Bitcoin is not private money
it never was
every transaction you've ever made in BTC is permanently public. your balance, your history, your counterparties. all of it. visible to anyone who looks
chainalysis, elliptic, governments. they all have access to the same ledger you do
$Monero fixed this in 2014 and most of the crypto space still hasn't caught up
73 exchanges delisted $monero in 2025
price went up 120%
think about what that tells you about who actually wants $xmr and why
it's not traders. traders go where the liquidity is. it's people who genuinely need financial privacy and will find a way to get it regardless
that's a different kind of demand. and it doesn't go away because a CEX pulls a listing
unpopular opinion: Monero adoption won't happen through exchanges
it'll happen when merchants start accepting it
@privcartcom is a Shopify plugin that lets stores take XMR (and BTC, ETH, SOL, stablecoins) with no KYC, no chargebacks, 1% flat fee, non-custodial
you keep your keys. we handle the infrastructure
this is how real adoption works.
John retweeted
The Monero Research Lab has provided an update on Bulletproofs*, with more efficient membership and range proofs that would enable new features such as ZK-rollups!
emsczkp presented the Bulletproofs* (BP*) folding scheme, demonstrating conceptual decoupling of the NARK prover from the folding prover; this enables third-party folding of already-generated proofs and has potential applications in Monero for block producers aggregating multiple-party proofs without secret knowledge, with the paper planned for peer-reviewed submission upon completion.
emsczkp: Regarding questions posed in the previous MRL meeting by jberman, which I thank for valuable comments on the paper and questions: the folding prover does not necessarily have to coincide with the NARK prover. The NARK prover knows the original secret witness, whereas the folding prover operates on the NARK proofs.
emsczkp: In BP*, NARK proofs are split into instance and witness parts. The folding prover takes both parts as input and performs the fold. Precisely, the witness data used here are those required by the (modified BP) algebraic verifiers for constraint checks and the commitment-consistency check. Such witness data differ from the original secret witness.
emsczkp: So, to answer to jberman, the paper designs a folding scheme in which the NARK prover and the folding prover are conceptually decoupled. The folding prover does not need the original secret witness, but it does need the instance-witness parts for the proof and accumulator required by the folding relation. In that sense, a third party could fold already-generated NARK proofs.
emsczkp: I would phrase the application level implications cautiously, since the paper itself at this stage focuses on the folding scheme design rather than a concrete deployment scenario. But, My current intuition is that this decoupling could be useful in applications where one entity produces proofs and another entity folds them.
emsczkp: And that's the case, as also pointed out with jberman: github.com/monero-project/re…
emsczkp: Here, BP* could potentially enable the idea outlined by kayabanerve, where a block producer folds many proofs from many parties without knowing secrets or interacting with parties.
jberman: When we were initially discussing this CCS proposal, I expressed a desire / interest in seeing if the BP* design that could potentially enable exactly that^, so it's exciting to me that this potential is on the table with BP*
jberman: I admit my math expertise is not deep enough to give a very strong review of the actual math itself, but it seems to pass a smell test with adequate rigor imo. It would be great to get it reviewed by those with the deeper math expertise, but generally I think this work is potentially bearing larger frui ts than was initially even proposed, and I'm cautiously optimistic about the direction
rucknium: emsczkp: Do you plan to submit the paper to a peer-reviewed conference or journal when it is finished?
emsczkp: yes, that's when all future works/steps will be addressed.
libera.monerologs.net/monero…
John retweeted
If you put $1,000 into $BTC in 2021 you now have $1,000
But it’s ok cuz you’re a BuY aNd HoldEr right🤤
In the 2030 bear market you could still be break even
After 9 years of holding 🤣
TIMING THE MARKET > TIME IN THE MARKET


















