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JoJ 1y ago 💬 9

If I buy KYC #Bitcoin on strike, then send it on #lightning to my mutiny wallet, then send it to cold storage, it basically scrubs the KYC trail, correct?

But if push comes to shove, the government would still know I bought a certain amount on strike and want to know what happened to it? Like, wouldn't it look fishy if I bought $5000 of kyc bitcoin then it immediately disappeared?

I am currently computer less so can't use bisq- only have my android phone.

Thanks for any input. #asknostr

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Discussion

Hmm, so when the SATs are going through lighting it kind of wipes the KYC trail?

I may be wrong, but that's my understanding

Hope someone comes along to clarify this for us. I'm also not sure.

Even if it is, u r gonna lose Btc on tranx fees

Any transaction costs fees :)

One just has to do it at the right time when fees are "low"

StellarStoic 1y ago

There's even one more interesting step we can do. Onchain --> Lightning --> Cashu --> Lightning --> hardware wallet.

But in the end it might be worth lookin into #robosats and don't worry about the kyc stuff anymore.

Ziggy Stardust 1y ago

robosats is the answer

Thank you for this! It seems robosats has an android app, so I'll have to look into it some more

Ziggy Stardust 1y ago

happy to answer any questions as you look into it 🤙