Jacob | Five Eye Tea on Nostr: Maybe, but we need to be careful assigning fiat usage as sin. It's not. They don't ...
Maybe, but we need to be careful assigning fiat usage as sin. It's not.
They don't have more data if you're using cash in person and prepaid gift cards online, neither of which are tied to your identity. And as for non-KYC, I've laid it out in other discussions but I'll summarize here: even with non-KYC methods, you still have to KYC with payment processors. BTC ATMs are an option... if you have any near you. The two near me are at least 40 minutes away and charge a criminally high 20% premium. And if there are only two of those within an hour and a half drive, there definitely aren't going to be any substantial meetups nearby either.
I spent the majority of 2024 trying hard to find non-KYC solutions but came up empty-handed, disappointed and extremely disillusioned with the BTC community over how it treated me when I presented these facts.
If you want BTC to succeed, we need to stop treating it with this cult mentality. It has some issues for some people. You can't fix a problem if the problem isn't acknowledged and if you start treating those people like sinners, you'll NEVER see it adopted en masse. You'll just continue to see it treated as a cult-run ponzi... which is a shame, because I do believe it has great potential to fix a lot of economic issues; we just need to address a few issues before we can make that happen.
They don't have more data if you're using cash in person and prepaid gift cards online, neither of which are tied to your identity. And as for non-KYC, I've laid it out in other discussions but I'll summarize here: even with non-KYC methods, you still have to KYC with payment processors. BTC ATMs are an option... if you have any near you. The two near me are at least 40 minutes away and charge a criminally high 20% premium. And if there are only two of those within an hour and a half drive, there definitely aren't going to be any substantial meetups nearby either.
I spent the majority of 2024 trying hard to find non-KYC solutions but came up empty-handed, disappointed and extremely disillusioned with the BTC community over how it treated me when I presented these facts.
If you want BTC to succeed, we need to stop treating it with this cult mentality. It has some issues for some people. You can't fix a problem if the problem isn't acknowledged and if you start treating those people like sinners, you'll NEVER see it adopted en masse. You'll just continue to see it treated as a cult-run ponzi... which is a shame, because I do believe it has great potential to fix a lot of economic issues; we just need to address a few issues before we can make that happen.