Why are non-KYC sats so important?
Discussion
There are probably more ways to answer that question than we might think.
Privacy is the first thing that comes to my mind. Non-KYC helps improve my ability to transact with others in a private way. Just like we are able to go to a shop and spend physical cash with only myself and the shopkeeper knowing the transaction details, non-KYC allows me to do the same, as their is no link between my ID and the cash/sats I've spent. (This is why the title reads Bitcoin: A Peer-to-Peer Electronic Cash System)
People who may provide more substance than I include #[4] and #[5]
Hope this helps .. 🤙🏼
Great additional reasoning and resources here as well, CC #[7]:
Freedom of monetary exchange is a type of freedom of speech. Freedom to say a thing or send money is different than the freedom to not be persecuted for saying that thing or spending that money. In the US, you can say what you’d like and send BTC where you’d like. But if you’re speaking out or spending against powerful interests, you might end up in jail.
This is why non-KYC is valuable.
Perhaps Snowden can chime in
#[4]
#npub1sn0wdenkukak0d9dfczzeacvhkrgz92ak56egt7vdgzn8pv2wfqqhrjdv9