KYC is forever. Once you buy BTC on a KYC exchange, it’s tied to you—no matter how many hops it takes. The best you get is forward-looking privacy.

But what about BTC from non-KYC sources? You could be buying coins that were originally KYC’d, mixed through Whirlpool, or passed through unknown hands.

If you later convert them, could you get hit with AML flags? Or does that only happen if you mix them?

This isn’t just a niche concern—it’s a systemic issue. Most people buying BTC from different sources aren’t thinking about its past. They don’t know (or care) if their coins were mixed or came from a KYC exchange at some point. But regulators and blockchain analytics firms do.

At some point, this problem will have to be addressed. If #Bitcoin isn’t fungible—if some sats are treated differently than others—it undermines the whole system. And if innocent users get flagged just for unknowingly acquiring the “wrong” coins, that’s a major flaw in the current compliance framework.

How do you see this playing out long-term? Will regulators tighten the noose, or will Bitcoiners push back?