jkpgamer on Nostr: So for KYC this is absolutely correct. They cannot spend your #btc because they won't ...
So for KYC this is absolutely correct. They cannot spend your #btc because they won't have two keys, however, they WILL know who you are, and have complete access to all your receive/change addresses.
If their security ever fails, your entire stack will be broadcast for the world to see. EVEN IF you buy non-KYC #Bitcoin if you send it to one of those multi-sig addresses, the xPub will reveal that you own it.
The only way to get anonymity again will be to either coin join to a new multi-sig setup, or you might be able to do it pegging into liquid then out of liquid. Still working through that one.
If their security ever fails, your entire stack will be broadcast for the world to see. EVEN IF you buy non-KYC #Bitcoin if you send it to one of those multi-sig addresses, the xPub will reveal that you own it.
The only way to get anonymity again will be to either coin join to a new multi-sig setup, or you might be able to do it pegging into liquid then out of liquid. Still working through that one.