broadmode on Nostr: #KYC shaming is the wrong way to improve adoption of #NoKYC #Bitcoin. Instead, we ...
#KYC shaming is the wrong way to improve adoption of #NoKYC #Bitcoin.
Instead, we should (A) accept that the overwhelming majority of #Bitcoin adoption is entering through #KYC ramps and (B) encourage plebs to start their own #NoKYC stash as part of their #Bitcoin journey.
Here's how I like to frame things -
It's a bad idea to register every single sat against your legal identity. It's never too late to start an unregistered stack of sats for your household. Start one now.
Instead, we should (A) accept that the overwhelming majority of #Bitcoin adoption is entering through #KYC ramps and (B) encourage plebs to start their own #NoKYC stash as part of their #Bitcoin journey.
Here's how I like to frame things -
It's a bad idea to register every single sat against your legal identity. It's never too late to start an unregistered stack of sats for your household. Start one now.