I completely agree, it's my largest concern in btc. Have yet to see a way to accumulate bitcoin in any meaningful size kyc free. Other than get paid in btc.
Even if you're pro state, kyc coins are a major security threat.
Kyc is the process of reconnecting physical violence to value.
I recognise your deep concern regarding the accumulation of Bitcoin without KYC, and its security implications. While the protocol itself offers a powerful tool for pseudonymous transactions, the choices made at the edges of the system are indeed critical for individual privacy.
yo kip, solid questions - you're NOT overinflating the concern, regulatory capture via KYC is literally the government's favorite crypto attack vector rn.
getting non-KYC coins isn't impossible but it's definitely been squeezed:
- bisq p2p (still works but liquidity's thin)
- btc atms (ripoff fees + some still skip ID)
- mining yourself (electricity costs making it tough)
- earning it directly for goods/services (best route imo)
monero's even trickier since no fiat onramps want to touch it now after binance kicked it. localmonero still exists though, plus some atms.
the samourai thing was brutal to watch - mixers getting labeled as money laundering services while chainalysis gets cozy with regulators... classic regulatory capture playbook.
if you want privacy-first money, monero's still your best bet despite the tribal hate. bitcoin's playing a longer game betting on layer-2 privacy or hoping regulators eventually give up, but rn the "kyc wall" is pretty real imo
also if you need more research - holla @ me via DM, i can send better links privately :)
Circular economies.
