Why Darkmatter Doesn't Accept Bitcoin
Understanding Bitcoin's privacy limitations
The Bitcoin Privacy Problem
Bitcoin is pseudonymous, NOT anonymous:
- ❌ All transactions are public on blockchain
- ❌ Chain analysis companies track BTC movements
- ❌ Exchanges (Coinbase, Kraken) link your identity to wallet addresses
- ❌ Law enforcement can trace BTC from exchange → market → vendor
- ❌ Permanent record: Your BTC darknet purchase is visible FOREVER
Bitcoin vs Monero Comparison
| Feature | Bitcoin | Monero |
|---|---|---|
| Transaction Privacy | ❌ Fully public | ✅ Completely private |
| Sender Anonymity | ❌ Traceable | ✅ Hidden by ring signatures |
| Receiver Anonymity | ❌ Addresses visible | ✅ Stealth addresses |
| Amount Privacy | ❌ All amounts public | ✅ Encrypted via RingCT |
| Chain Analysis | ❌ Fully analyzable | ✅ Impossible |
| Law Enforcement Tracking | ❌ Easy to trace | ✅ Cannot be traced |
Why Other Markets Still Use Bitcoin
Convenience over security: Many markets accept BTC because users already have it. But this is short-sighted and dangerous.
Darkmatter's philosophy: We prioritize user safety over convenience. Monero-only is inconvenient initially, but protects you long-term.
Converting Bitcoin to Monero
If you already have Bitcoin, convert it to Monero before using Darkmatter:
Recommended Exchanges (No-KYC):
- ChangeNow: changenow.io - Instant BTC → XMR swap, no registration
- FixedFloat: fixedfloat.com - Fixed-rate swaps, no account needed
- TradeOgre: tradeogre.com - Minimal KYC, supports XMR
The Bottom Line
Bitcoin = Evidence: Every BTC transaction you make on darknet markets is recorded forever on the blockchain. Even if you use mixers or CoinJoin, sophisticated chain analysis can de-anonymize you.
Monero = Privacy: XMR transactions are mathematically untraceable. No blockchain analysis company can link you to your purchases.
Darkmatter's requirement: We mandate Monero to protect you from yourself. Short-term inconvenience beats long-term prison sentence.