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Genuine question:

If you aren't a criminal, or trying to avoid taxes (same thing) why do you care if your BTC is KYC or not? Why, exactly?

Or is it just a narrative?

Isn't transferring to a self-custody wallet a move away from KYC in the first place? I m an o can send BTC from my CashApp to any address, so unclear on what exactly you think you're gaining with all these conjoins and whirlpools that make it look like criminal activity?

Russo 2y ago 💬 5

Because even if you do nothing wrong but if you pissed the wrong person you they can mark your bitcoin and not allow you to off ramp it if you need..

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Discussion

sperry 2y ago

P2p is always an option, even if at a high conversion rate. Apparently there's a global market for bitcoin and is easily transported across borders, etc... Again, reasons I'm in.

Off ramps are pretty sketchy, when you consider everything. Peer to peer might just be the end game....

Russo 2y ago

And you will fuck somebody else with your makerd bitcoin? 😅

Russo 2y ago

*marked

sperry 2y ago

How exactly?

I thought it was uncensorable? Just because am institution "marks" the bitcoin, it doesn't nullify the Bitcoin, nor control the movement?

Bitcoin isn't tainted, they're fungible.

Russo 2y ago

Bitcoin isn’t fungible, even if you do a coin joint you can be marked