Then BTC from exchanges is no-KYC?
Discussion
Once it leaves the exchange, yes. You can't tell if I withdrew it or sent it to someone, anyone....
But I think you know the point im trying to make. BullBitcoin asks for KYC. They claim they dont. Lies
Absolutely agree!
Hope you see the point I'm making, as well. In the end, KYC only matters if you're trying to return to fiat currencies. At that point, all they want is their "share" or "taxes". If you're avoiding those, it really isn't bitcoin that's the issue.
I get the point youre making as well.
I do worry KYC could lead authorities to your door if BTC ever became illegal though.
Which also brings us to the seed storage issues.... 😂 Most people will do themselves in trying to be clever hiding their seeds, etc.
If the government kicks your door in to confiscate bitcoin, there's much bigger problems at that point. Besides getting your private keys, there's zero way they can prove you have it. Boating accidents or straight ignorance can be a total loss, all the waterboarding won't help you remember lost keys.
Bitcoin is a mindfuck.
It's "fuck you money", and that's why I'm here.