[SIM-1980240]

Brief: Bitcoin is not as anonymous as you might think. Intelligence Agencies have made a great effort to deanonymize bitcoin users with KYC (Know your customer) policies, and recent improvements in AI have also made it easier to track you. Using privacy coins like XMR is a great alternative; however, many of you know that the conversation rate with XMR and BTC can fluctuate quickly, and you can lose a lot of your money if you are not careful. Unfortunately, just this past month, CipherTrace announced that it had developed an XMR tracking toolset for the Department of Homeland Security. (Source: https://decrypt.co/40284/us-homeland-sec...pto-monero).

One solution to creating anonymity for cryptos like BTC and XMR is a method called pooling. There is a new organization I discovered called Incognito.org, and they have an app called incognito wallet. https://incognito.org/wallet The app shields your cryptocurrency by dropping it into a pool wallet. Then you are given a privacy version of the coin. For example, if you deposit BTC into the wallet, you receive pBTC. This currency is tied to a collateralized pool of funds that guarantees you will always be able to pull your money out at a 1:1 ratio, protecting you from price changes. There is also an auto sell feature if the collateral drops suddenly. The app does use google play services, but I had no problem running it on a degoogled device, even though the google play services window will pop up when you first open it.