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2023-06-15 10:40:03

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There has been much talk about custodial btc and the dangers of KYC. Thankfully with recent developments such as Vexl app, peer to peer non kyc self custodial Bitcoin is accessible more than ever.

In this chapter of my book, which I just published publicly as a blog, I explain the different "versions" of Bitcoin (bankcoin, kyc coin and real bitcoin) and emphasize that you get different products, usually for the same price. How different is described in a nice table.

In other chapters of the book, I explain how to solve the question marks - how to do dollar cost averaging without kyc, how to do Bitcoin-collateralized loans (and save on taxes).

Feel free to share with people who choose fake Bitcoin for "convenience", although I don't see what's convenient in closed bank accounts, answering questions about source of funds, showing IDs in front of cameras and getting a product that you can't use when shit hits the fan...

https://juraj.bednar.io/en/blog-en/2023/06/15/how-to-give-bitcoin-back-its-peer-to-peer-character-and-use-it-to-its-full-potential/
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