Enki on Nostr: Absolutly. Things like coinjoin only give you forward looking privacy if your coming ...
Absolutly. Things like coinjoin only give you forward looking privacy if your coming from a KYC exchange.
KYC is a permanent record of buying BTC. The price you pay for "cheaper" bitcoin is giving your identity over to potentially adversarial actors.
If bitcoin really is freedom money and if we really are out here to subvert the FIAT system there might be a point where your door will be knocked on by government goons because you bought Bitcoin on a regulated exchange where you handed over your personal information.
Everyone has their own risk tollerence but Im here assuming that things will get worse before it gets better.
KYC is a permanent record of buying BTC. The price you pay for "cheaper" bitcoin is giving your identity over to potentially adversarial actors.
If bitcoin really is freedom money and if we really are out here to subvert the FIAT system there might be a point where your door will be knocked on by government goons because you bought Bitcoin on a regulated exchange where you handed over your personal information.
Everyone has their own risk tollerence but Im here assuming that things will get worse before it gets better.