Wonder what's the legal status of using IRL bitcoin meetups to swap sats?
I heard someone say that while Monero seems to check off the medium of exchange box, they weren't sure how good it would be as a store of value. I don't know enough about it but as government grows more tyrannical, I would think that anything designed to protect privacy would grow more valuable.
I saw an interview on YouTube with a guy who was successfully prosecuted for nothing more than engaging in IRL Bitcoin swaps.
No drug involvement. No mixing. No foreign interactions. He was literally just doing IRL Bitcoin swaps to earn a bit of money on arbitrage.
The Feds ruled in his case that ANY use of No-KYC Bitcoin was de-facto money laundering.
I remember it because was stunned. I was thinking of setting up an IRL Bitcoin store-front, like one of the crusty, dusty gold exchange places, only with Bitcoin.
I searched but cannot find that interview. I will keep an eye out for it. I should have saved it.
Talking about the crypto six ?
