jor on Nostr: Some thoughts on KYC vs NON KYC 1. I think that if we have to rely on NON KYC ...

Some thoughts on KYC vs NON KYC

1. I think that if we have to rely on NON KYC bitcoin, bitcoin has failed

If people have to worry about spending their bitcoin, we will never get to a bitcoin standard

2. KYC bitcoin will be fine (and necessary) in the future

Banks will want to hold your bitcoin

And you don't want to pay tax for living off of your bitcoin stack

So instead of spending, use it as collateral
*which will require KYC bitcoin

3. There are plenty of ways to earn NON KYC bitcoin

ZBD
Fountain
Nostr

These small amounts will add up if you're earning them consistently. This will be more than enough NON KYC in a decade

4. This 👆 combined with getting some P2P (meetups, bitcoin communities, etc) and P2P exchanges (HODL HODL, Bisq, Peach)

8. The more organized you are with wallets the better. This will ensure you are not mixing KYC and NON KYC

Use tools like Aqua to combine your NON KYC sats and swap into UTXOs in cold storage

My prediction: it will become legal tender (CURRENCY) in most countries

Moral of the story: don't stress about it