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In kyc exchanges the state knows everything you have bought and everything you have sold, you can't escape taxes and you can't escape a very possible future extortion by the state.

Think about what you do.

For Europeans this is now vital, Europe is the new soviet union.

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Good Life Seek 10mo ago

Sad but true.

With KYC, no way to evade extortion.

Yes, with Robosats you can buy without permission and without KYC

But, and I'm pondering this, will it be possible in the future to safely sell Bitcoin and avoid theft by the state?

I'm unsure. Sure there will be countries where it will be possible, unless there is a global dystopia.

But I worry that in most developed countries they will monitor bank accounts, so they will see the robosats transaction, unless cash is used, which may be forbidden by that time, at least for larger transactions.

I guess we don't know the future.

For sure using non KYC today, gives us more options in the future.

Although I also can't rule out a scenario where they will make non KYC Bitcoin illegal. Ofc good luck enforcing this, but it would push all transactions to p2p gray markets.

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