🍪 CompoundTalk uses cookies to improve your experience, analyze traffic, and personalize content. By continuing to use this site, you agree to our Cookie Policy.
Evidence-based GLP-1 & peptide discussion since 2023
ForumsCrypto & PrivacyPrivacy coins and HIPAA — my results so far

Privacy coins and HIPAA — my results so far

MikeKY_noInsulin Sun, Nov 12, 2023 at 11:05 PM 49 replies 2,930 viewsPage 1 of 10
This thread is more than 28 months old. Information may be outdated. Consider searching for more recent discussions.
MikeKY_noInsulin
Member
267
1,234
Oct 2024
Louisville, KY
Nov 13, 2023 at 12:30 AM#1
Hey all. I've been lurking for a while and wanted to share what I've learned about using Monero (XMR) for pharmacy purchases since a few people have asked about it. Why Monero specifically? Unlike Bitcoin, Monero transactions are private by default. There's no public ledger where someone can trace your purchase history. For something as personal as health/wellness purchases, that privacy matters. Here's the basic setup I use: 1. Buy XMR on a no-KYC exchange (more on this below) 2. Send to your personal Monero wallet 3. Pay the pharmacy directly if they accept XMR, or convert to another crypto at point of sale Happy to answer questions. I'm not a crypto expert but I've been doing this for about a year without issues. ⚠️ Disclaimer: I'm not giving financial advice, just sharing my personal approach to privacy. Always follow your local laws.
28 24sean_dublin, hannah_MT, Dr.SportsMedIN and 25 others
Reply Quote Save Share Report
MaxMetOK
Member
312
1,123
Dec 2024
Oklahoma
Nov 13, 2023 at 12:47 AM#2
OK this is super helpful because I've been wanting to do this but the whole crypto world is intimidating. Dumb question: what's a "no-KYC exchange"? I keep seeing this term and I feel like everyone assumes I know what it means 😅
Last edited: Nov 13, 2023 at 5:47 AM
20 11TomTeleRx, DoseLogDan, SleepFixSam and 17 others
Reply Quote Save Share Report
MASHdoc_SA
Member
456
2,345
Aug 2024
San Antonio, TX
Nov 13, 2023 at 1:04 AM#3
no dumb questions here! KYC = "Know Your Customer" — it's when an exchange requires your ID, selfie, address, etc. to verify your identity. Major exchanges like Coinbase and Kraken require full KYC. No-KYC means you can buy/sell without providing personal ID. For privacy-focused purchases, this is the whole point — you don't want a paper trail connecting your identity to the transaction. Options for buying XMR without KYC: - Haveno (decentralized exchange, successor to Bisq for Monero) - LocalMonero — oh wait, this shut down in 2024 RIP 😢 - TradeOgre — limited KYC for smaller amounts - Buying BTC from a Bitcoin ATM with cash then swapping to XMR via an instant exchange The Bitcoin ATM → swap method is probably the simplest for beginners. Just be aware that BTC ATMs often have high fees (5-10%) 💸
Last edited: Nov 13, 2023 at 4:04 AM
27 18JennaRN, LabKate, kate.chem and 24 others
Reply Quote Save Share Report

Sigma-Aldrich — Research-Grade Standards

Certified reference materials, analytical reagents, and research-grade standards for peptide verification. Trusted by laboratories worldwide.

Shop Reference Standards
NurseAsh_DET
Member
356
1,567
Sep 2024
Detroit, MI
Nov 13, 2023 at 1:21 AM#4
Good guide. I'd add a few operational security tips: 1. Use Tor or a VPN when accessing any exchange or wallet. Your ISP doesn't need to know you're buying crypto. 2. Don't reuse wallet addresses. Monero generates subaddresses automatically — use a new one for each transaction. 3. Wait for confirmations. Don't rush. Monero transactions typically confirm in ~2 minutes but wait for at least 10 confirmations before considering it "done." 4. Keep your seed phrase offline. Write it on paper, store it somewhere safe. NOT in your phone notes. NOT in Google Drive. Paper. 📝 Also want to emphasize: Monero's privacy is built into the protocol. You don't have to do anything special — every transaction uses ring signatures, stealth addresses, and RingCT by default. This is what makes it fundamentally different from Bitcoin.
21 6labquiet_amy, emily_PDX, Dr.SleepRoch and 18 others
Reply Quote Save Share Report
WendyG_ATL
Member
1,023
5,678
Apr 2024
Georgia
Nov 13, 2023 at 1:38 AM#5
I appreciate this thread but I want to offer a counterpoint for consideration: Most online pharmacies that are legit and compound properly will accept regular credit card payments. Using crypto isn't necessary for legal purchases. Where I see value in crypto/XMR is: - You don't want your health purchases showing up on bank statements that a nosy employer/insurer could theoretically access - You want to keep your health decisions private from data brokers who buy transaction data - You're in a jurisdiction where certain compounds are in a grey area But for most people buying from licensed compounding pharmacies in the US? A credit card is fine. Just my 2 cents (or 0.000015 XMR 😄)
49 14DebRD_ATL, KristenIndy, MarkLI_maint and 46 others
Reply Quote Save Share Report

Similar Threads

Monero vs Lightning Network for pharmacy payments — privacy comparison18 replies
Bitcoin payment guide for peptide purchases9 replies
Cryptocurrency payment adoption by compounding pharmacies — 20267 replies
Privacy coins and HIPAA — does crypto payment enhance medical privacy?8 replies
Escrow services for international peptide orders6 replies
ForumsNewTrendingMembersAccount

Log In

Forgot password?
No account? Register