It's not necessarily an immediate issue but looking into worst case scenario when we live in a world of CBDC and totalitarian financial policies, kyc coins might become a liability or a way to be tracked.
In the current reality, it's not really an issue but just curious what others are doing to obfuscate their kyc coins. In any case, there is still a non-zero chance this could become an issue at some point in the future, so why not take steps to mitigate future fed intrusion?
I'm not worried about none of that.. I'll be dead by that time.. lol
Maybe maybe not. This sort of thing happens gradually then suddenly. And if you're not ready by the time it happens, you're too late.
Patriot act and restrict act all erosion of American freedom. Plenty more to come. Chokepiint 2.0, covid era policies and unilateral fed decisions should all worry you.
How much choice and control did you have in any of these decisions or rules? What makes you think they won't decide to track, persecute or discriminate against anyone associated with bitcoin purchases tomorrow?
All kyc is for the exchange to inform the irs you bought coins.. now the irs is gonna wait for to send to any exchange and sell for a profit.. thats the whole point of kyc.. if ppl are that nervous you can move your coins a lot and they will be kyc free but but the irs will still be waiting for tge sell for profit on an exchange.. if they ask I list it all in a boating accident...
