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More truths about Samourai and Wasabi

Do you know which company is behind Samourai and Wasabi?

Cypherpunk Holdings Inc.

Is the main funder of Samourai (Katana Cryptographic Ltd) and also funds Wasabi (zkSNACKS Limited).

Cypherpunk Holdings Inc. states:

"The Company currently does NOT hold any cryptocurrencies as per the June 28, 2022 announcement. The Company has converted all of its stablecoin (USDC) holdings to US dollars."

They have a lot of interest in Bitcoin apparently right?

And they make you believe the war going on between Samourai and Wasabi, they just want your fees, they don't give a shit about Bitcoin and privacy, and developers on either side are just mere puppets or shills.

Do you think companies that are backed by FIAT and under KYC legislation can offer you privacy? 😂

"Cypherpunk's common shares are traded on the Canadian Securities Exchange under the symbol

symbol "HODL."

Fuck how can you believe that a fully legal publicly traded company is going to be a sharer in obfuscation of money that may come from illegal activities, what red flag do you want more? They're not banks my friend 🤣

Honeypot.

Other projects in which Cypherpunk Holdings Inc. has a stake include:

Chia Network Inc. 🤡

Animoca Brands 🥸

Odler Hodler 2y ago

RE: Coinjoining

Assuming one owns Bitcoin acquired from any KYC source, what value would there be to obfuscating the KYC links? Do you fear a $5 wrench attack from a common thief or hacker trying to steal your coins? My concern is that any government agency (eg: IRS, NSA etc) knowing you've purchased BTC from Coinbase for example, can simply ask if you have used a coinjoining application and why? Will you risk lying to them? If IRS audits you, can they not demand an accounting for the disposition of any coins they KNOW you have purchased via any KYC source? To me, this seems a much bigger risk than falling prey to a non-governmental crook. I really don't see the point of either Samurai or Wasabi.

Change my mind.🤷

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Discussion

Cyph3rp9nk 2y ago

It is as you say, the kyc cannot be undone.

Although privacy is nevertheless necessary.