So… which one is it? I wanna learn
Discussion
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 🥹