If I had to give an award to the best application of the Bitcoin ecosystem (With nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq3uamnwvaz7tmwdaehgu3dwp6kytnhv4kxcmmjv3jhytnwv46z7qpqpsm37hke2pmxzdzraqe3cjmqs28dv77da74pdx8mtn5a0vegtlasaraze8 permission), it would undoubtedly be Robosats.
Maximum privacy, maximum simplicity and simply effectiveness.
Bitcoin without kyc at market price, I have rarely paid a premium of more than 2%, I usually pay between 0% and 1%.
If you keep using kyc exchanges which in many cases are more expensive than Robosats, you suffer some kind of delay, like when they ask you for selfies by sticking a finger in your ass while holding your ID or the new travel rule.
Be fucking free, don't ask for permission.
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In kyc exchanges the state knows everything you have bought and everything you have sold, you can't escape taxes and you can't escape a very possible future extortion by the state.
Think about what you do.
For Europeans this is now vital, Europe is the new soviet union.
What if you are kycd by a third world country you have no ties to?
It will always be better than nothing 😂
Sure, but I also don't think it's the same as being kycd by an entity in your country of residence or any western country
However, why worry about KYC when you have the means to acquire or sell bitcoin without KYC?
Because we may need to make a buy in a place where we don't know anyone or have any reference to doing a private transaction, and buying it kycd is the most convenient and safest option.... Among other reasons
More reason to do it no kyc, you go to an unknown country you need to sell bitcoin to get money, you sell it through robosats and you get the money in the provider you indicate as PayPal, Wise, Revolut or whatever you want and you can convert it to the currency you want.
Sad but true.
With KYC, no way to evade extortion.
Yes, with Robosats you can buy without permission and without KYC
But, and I'm pondering this, will it be possible in the future to safely sell Bitcoin and avoid theft by the state?
I'm unsure. Sure there will be countries where it will be possible, unless there is a global dystopia.
But I worry that in most developed countries they will monitor bank accounts, so they will see the robosats transaction, unless cash is used, which may be forbidden by that time, at least for larger transactions.
I guess we don't know the future.
For sure using non KYC today, gives us more options in the future.
Although I also can't rule out a scenario where they will make non KYC Bitcoin illegal. Ofc good luck enforcing this, but it would push all transactions to p2p gray markets.
Anyway. Yes. Just a few thoughts. I don't have answers.
