I disagree. I was told that you can send with privacy on lightning, but not receive.

Reply to this note

Please Login to reply.

Discussion

You can receive cashu on ligjtning and nobody can know who you are, even the Mint House can't know.

Ok, then what? Hold all my BTC in a mint? That doesn't scale.

For sure is not the best for big amounts the money, but you can have your funds onchain and just using cashu for everyday expenses. But more options will come, for that reason is important be more people on Bitcoin than in other coins.

Have you been audited by the IRS? Do you know their tactics? I can tell you from experience that that if you use bitcoin, then you must use it their way, without privacy tools. If you intend to pay your capital gains, which is for every kyc coined tx, and you use these 'tools', then you will get rekt. Any coin going out that they can't trace is treated as a capital gain, and any coin going in is income.

It all starts with a simple letter.

If you want privacy and pay your taxes then too bad. It's privacy + tax evasion == crimal OR transparency + KYC == IRS wins