US banks now threatening to cut off Bitcoin exchange banking if they don't check incoming/outgoing transfers for coinjoin. Swan sent an email to it's customers giving the warning while also hinting you can add a hop to circumvent it.
This is just the first step the Legacy system will take. Lean how to obtain and use Bitcoin without KYC. Here are the videos I've done on this:
https://youtu.be/FmyYxrZM3Ms?si=HmqKaT4Ixbw8KcGE
https://youtu.be/XW_wzRz_BDI?si=Fx0AVWF9s7NBRR-I
https://youtu.be/4LyEKA5Iq9I?si=G6TdyxqmJNqUqrF6
https://youtu.be/UBRZKsIOpS8?si=I8wuqVy-67TtV2xw
Of course it is also great to hit your local meetups and do p2p exchange for cash and/or build out your local circular economy by offering your services for BTC and being VOCAL about it so other bitcoiners know.
And then they fight you. Get off of exchanges, any btc bought from exchanges run through whirlpool/samourai or sell on the exchange and buy back non kyc. P2P through meet ups. Fuck the fucking fuckers! Remember, tax is theft.
#bitcoin
#freedom
#privacy
Hi, questions using whirlpool CoinJoin on KYC coins. If the endpoint is KYC... does it ever matter how much you mix it. They will never be NON-KYC right ? Best case, they will know I bought these coins but they see the coins go into Whirlpool and then cannot see any future transactions? Thx.
If the exchange you bought from tells your tax authority, and they will eventually, then said tax authority will know you bought btc at a certain price. If you can prove you spent that btc, at a loss preferably, then they will tax you accordingly. So, sell now on an exchange and buy back non kyc. Hold for as long as you wish. Whirlpool breaks (mostly) the link to your ID.
UTXO management is essential too
Hm okay. My plan is to have a Large kyc bitcoin stack and a Large Non-Kyc stack and NEVER mix the two. I dont want to sell any btc for FIAT , too much headache. thanks for the help, now i have to learn how to buy alot of non kyc Lol
That's a good plan. There are a number of kyc free apps. Robosats is a good place to start. Remember kyc sats are sold at a discount for a reason
Yes, im noticing how high the rates are but its whatver. Is Bank2Bank/Zelle okay to use? the bank doesnt know what I am buying soo
at this point in my journey, whirlpool seems to be my best recourse; selling/rebuying is going to realize capital gains, on a non-insignificant amount…
would you say coinjoin is “good enough”?
I'd say a necessity
Hopping through Muun is a good option too. Underwater slight of hand
