Replying to Avatar jake

Hey y’all, help me understand something. If me and my friend have KYC sats, can’t we just clear the KYC by selling to each other for USD? Like I buy 0.1 BTC from him for USD, and he does the same to me. To fresh wallets. And pay whatever capital gains or loss taxes, obviously. But at that point, the privately purchased sats are KYC free, no?
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sommerfeld 2y ago

You can even scale that by coinjoining with whirlpool but that is only going to tackle forward privacy.

The KYC bitcoin you bought is still on a list forever regardless of what you do later.

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jake 2y ago

But it’s the same as for example buying from bisq right? I mean, the bitcoin I buy anywhere (except a miner) is most likely KYC to someone

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sommerfeld 2y ago

It's not your KYC which is all that matters. And you should also mix coins from p2p markets.