Nostr

If you have given your ID to any of these platforms, you have been KYC'd and your trasactions will be tracked. Using LN to hop from kyced platform to kyc platform is not the privacy silver bullet I think your assuming it is.

I genuinely think you don't understand what you're talking about.

sperry 2y ago

You don't comprehend what I'm saying. Of course you're KYC'd on CashApp and Kraken, its what happens after you acquire the XMR. dgaf about the privacy between CashApp and Kraken. This same scenario could be done from strike to kraken, too.

If you know of a non-KYC exchange that has lightning for XMR, you could use that, too.

The KYC bitcoin dialogue is so tiresome, just use XMR. You're gonna have to give ID to return to fiat, anyway, unless you're doing gift cards or something stupid.

If you're never selling, then it's all just noise.

If you do sell and are avoiding taxrs, you're a criminal.

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Enki 2y ago

Okay, so then calling it KYC free is misinformation. Chain swapping to XMR is a vaild strat for some forward looking privacy but again lots of ways to shoot yourself in the foot there to (ie swapping back to btc to fast)

The entire point of avoiding KYC is to avoid having a record that you ever had anything to do with any cryptocurrency to begin with. So while this particular strategy might clean your coins and give you some forward-looking privacy at the end of the day there's still a record on both cash app and kraken that you have bought and swapped cryptos around.