Subnostr

Interesting approach! I have so many questions lol

- Have any of the KYC’d exchanges ever given you a hard time for sending sats to a coinjoin? Or do you send it to a hot wallet and give it a hop or two first?

- Since “you” are still KYC’d as owning X amount of Bitcoin, this approach still puts you at risk with regard to any authoritarian 6102-style Bitcoin confiscation event, or a potential “one-time, unrealized taxable gains” situation. Do you look at these possibilities as “time to move to another jurisdiction”?

- Have you explored RoboSats or any of the escrowed non-kyc services?

nobody 2y ago

👀👀👀👀 Or do you send it to a hot wallet and give it a hop or two first?⚡️⚡️

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Discussion

boston wine 2y ago

How would you handle an overly-invasive tax scenario here?

“We assume you still own all the Bitcoin that is associated with your identity, and if it has moved from your own address, you must pay capital gains tax”…. or an unfriendly letter like that?

nobody 2y ago

Legally or move to a friendly BTC state/jurisdiction/country.

Bring it on. BTC will find a way and the places that open their arms to BTC will WIN.

Silk Road & Ross should be enough of a warning shot which is exactly what it is. Poor guy is the example. IMO.

El Salvador seems nice. Mexico could come around too.

Who knows. I don’t think they pull a 6102 in our lifetime or the next.

ben 2y ago

Yep the incentives are there for the places that are open to bitcoin. Logically why would they go that far to push people away from the country? Governments are made up of people.

boston wine 2y ago

Great points. Bullish ones 🤙