SPERRY on Nostr: it's all so tiresome, really. the bitcoin isn't KYC, Coinbase doesn't know beyond a ...
it's all so tiresome, really.
the bitcoin isn't KYC, Coinbase doesn't know beyond a shadow of a doubt Bob withdrew the bitcoin to his own address or if he sent it to someone.
Bob doesn't have any bitcoin, he was tortured and didn't produce keys holding the bitcoin.
Everyone around him stomped their feet, yelled and screamed and said he had bitcoin and owes taxes now.
Bob, you bought bitcoin, we know you did, where is it?
It's all swirling around this dynamic that Bob gives a fuck. This is exactly why Bob likes bitcoin, it's fuck you money.
Or...
Bob sold some bitcoin on bisq to Alice, 5 months later the fiat is clawed back by visa, because the visa wasn't hers, now Bob is out the fiat and the bitcoin the government thinks he has. Alice spends the bitcoin online on steroids. The steroids marketplace is a fake front that's actually feds and chainanalysis now blames Bob for buying steroids.
These scenarios are exhausting AF and reads like an ad for bisq, which might be a great service, but it's got it's share of short comings. Charge-backs are a thing.
the bitcoin isn't KYC, Coinbase doesn't know beyond a shadow of a doubt Bob withdrew the bitcoin to his own address or if he sent it to someone.
Bob doesn't have any bitcoin, he was tortured and didn't produce keys holding the bitcoin.
Everyone around him stomped their feet, yelled and screamed and said he had bitcoin and owes taxes now.
Bob, you bought bitcoin, we know you did, where is it?
It's all swirling around this dynamic that Bob gives a fuck. This is exactly why Bob likes bitcoin, it's fuck you money.
Or...
Bob sold some bitcoin on bisq to Alice, 5 months later the fiat is clawed back by visa, because the visa wasn't hers, now Bob is out the fiat and the bitcoin the government thinks he has. Alice spends the bitcoin online on steroids. The steroids marketplace is a fake front that's actually feds and chainanalysis now blames Bob for buying steroids.
These scenarios are exhausting AF and reads like an ad for bisq, which might be a great service, but it's got it's share of short comings. Charge-backs are a thing.