But remember KYC coins will always be KYC coins , you can coinjoin from the moon to Jupiter, the fact that you bought them on a KYC exchange and never sell them back to the same KYC exchange means you need to prove that you spend them otherwise the assumption is that you still have them
Discussion
There's no such thing as "KYC coins". If that will exist, then Bitcoin will be a failed experiment, will exist two different coins that have nothing to do one with another.
So please stop saying this bullshit of "KYC coins".
So… which one is it? I wanna learn
Is just Bitcoin.
The CEX is not KYC your coins, is KYC your identity. That is the danger because the data could be sold, used, leaked without your permission.
The coins are absolutely the same and once you take them into self-custody is nobody else business what are you doing with them.
But: if the government wanted to seize your coins (the ones they know about), they could try to force you to hand them out, couldn't they? put you in arrest, let you pay fines ... in that case wouldn't it be good to have implemented some ways to plausible deny you still have control over those coins?
If the coins are in self-custody, how in the hell are they going to seize them?
There's no "seize" for self-custody. That's why they hate it.
And not gov should be your biggest concern. Govs do not care about your coins in self-custody. They care about the USD in a bank account and keep you enslaved.
So if you never ever go back to fiat, you have nothing to be concerned.
that's what i meant. they CAN'T seize them, but they CAN put repressions on you, as long as they think you have control over the coins.
i am thinking specifically of what happened with the seizure of gold with Executive Order 6102
6102 event will never happen on self-custodied BTC.
Even Satoshi told us in some kind of encrypted message...
I was today years old when I understood that.
You are putting the wrong question...
https://video.nostr.build/80aa9a7c3d75e022658c59bbcfa860fef1e623f6bee4121357596462b64bf9c7.mp4
Beautiful 🥹
I see, but how could one possibly prove the coins where sent to a wrong adress one does not have access to? 🤔
You don't have to prove anything.
Is not anybody's business what are you doing with your own money.
Tell that to the KYC fucktards that followed my withdrawals 3 levels deep and blocked my account because I coin joined. Lessons learned
They blocked your account because you want to sell BTC for fiat.
NEVER GO BACK TO FIAT.
I never sold bitcoin, what are you talking about?
That happen ONLY when you deposit BTC to be sold for fiat. Not the way around.
Bullshit! I had an account with a European shitcoin casino and they followed coins after withdrawal!! They kicked me out because I send my withdrawn coins to whirlpool, I have the receipts
As long as you don’t spend them from that address.. the moment the coins are spend you are fucked
boating accident 🥺
that only works as long as the coins don't move. If they move in the future, they can asume, you regained control over those keys.
If I open a big phat LN channel with an UTXO and never close that channel... I could pass through infinite amount of sats, without any trace of moving funds onchain.
... just think about that.
not even that.
If somebody else is asking about my BTC, my simple answer is this: is not your damn business.