Kpu3 on Nostr: #bitcoin #asknostr Can someone clarify KYC for me? There really isn’t “non-KYC” ...
#bitcoin #asknostr
Can someone clarify KYC for me? There really isn’t “non-KYC” bitcoin/UTXOs, there is just wallet addresses that no one knows the ownership of.
So in an example where I’ve been buying bitcoin off Coinbase and cold storing with a Ledger… that is KYC bitcoin. If I then sell a bottle of wine and get paid in non-KYC bitcoin, do I “KYC” that coin if it is put in cold storage on any address with the same Xpub, same Ledger as the Coinbase coins? Any good videos or podcasts to explain this?
Can someone clarify KYC for me? There really isn’t “non-KYC” bitcoin/UTXOs, there is just wallet addresses that no one knows the ownership of.
So in an example where I’ve been buying bitcoin off Coinbase and cold storing with a Ledger… that is KYC bitcoin. If I then sell a bottle of wine and get paid in non-KYC bitcoin, do I “KYC” that coin if it is put in cold storage on any address with the same Xpub, same Ledger as the Coinbase coins? Any good videos or podcasts to explain this?