I'm ideologically opposed to Strike.
So I'm on a compulsory 24 hours cooling off with nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 😂
What if I do cool off?
I've still got some Bitcoin Cash, what if I end up shitcoining, worse still what if I end up buying fiat? 😱
This cooling off thing is dangerous.
Discussion
More than any other exchange?
Why?
I'm talking about their wallet. I have no experience with their exchange.
For me that’s like saying I don’t like the Damus like button, but I’ve had no experience with the repost button.
Perhaps you’d like to explain more?
Not really. The exchange function is completely different from the exchange function. It's really two apps in one. Specifically, I'm opposed to their KYC requirement just for using the wallet. There's no good reason for that shit. For the exchange? OK, you gotta stick by the law if you want to stay in business. But requiring that just to use the wallet is bullshit. I'm happy to keep my coins elsewhere.
*the wallet function is completely different from the exchange function
But it’s not a separate app like Trust wallet.
And every function within an app is a completely different function by definition.
Yes, really, same analogy. I don’t want to give Damus my nsec just to like, but I don’t have a problem doing that to repost.
Strike is a company, you KYC because governments require it.
Which parts of strike you use is up to you, but just as the analogy of Damus, even if you never repost, and you only like posts you sign up in exactly the same way as everybody else.
To explore your issues further. There are companies like Trust Wallet which are owned by Binance, but are completely separate, so the wallet alone requires no KYC.
However if you want to use the wallet inside an exchange, you KYC even if you never buy on the exchange.
Every wallet in every exchange is KYC’d.
How is Strike different?