Replying to Avatar ponymontana💜⚡

fully agree, but apps like strike could be useful to during the transition to a full bitcoin standard.

Not in replace of a real bitcoin wallet, but in replace of a legacy banking app.

At least it permit to swap convenintly some fiat to sats and to zap around, thats a value if you are still obligated to manage a fiat money-identity.
Avatar
JP 1y ago

Not only that, but I think any fiat businesses that do escrow of tangible things will be forced into kyc.

so apps can be kyc, but there is no such thing as a kyc wallet

Reply to this note

Please Login to reply.

Discussion

Avatar
ponymontana💜⚡ 1y ago

bitcoin is digital freedom, fiat system is digital prison. Kyc is enforced in the digital prison and, in particular, in its exit/entry.

Kyc has nothing to do with bitcoin, and agree that kyc bitcoin wallet is an oxymoron.

Even if you want to trade physical fiat cash to digital fiat you will experience pretty the same kyc problem in my region. Kyc ends with the end of fiat.