I read the ToS for wallet of Satoshi today, the amount of info they communicate to authorities is astonishing, KYC level 99999
Discussion
it’s go be what it’s go be
By default or when requested?
When requested from authorities, and to several partners..
That’s unfortunate but pretty much required by law. They have to comply with legal requests. The way around this is not having any data to share about customers. I know this is what Signal and Proton do. Most of the info they give over is encrypted gibberish. I think Signal only gives over the phone number you used to register.
We need a lightning wallet that doesn’t store logs.
I only receive to tgat wallet only receive zaps then I move to my non custodial Phoenix
doesnt fix anything
kyc is about privacy
not custody
need other tools to fix forward facing privacy 😁
Exactly ! Custody is about ownership of your keys.
Bitcoin is not private by design, transactions could be traced etc..so you have to use many tools to try to fix.
I know there is something called Coinjoin, that can help with that, but don’t know what that is 😂🫂💜
I know that reading the terms now I kind of don't want to use wallet of satoshi straight up. I have to switch up all my bitcoin wallets. Anything that touched wallets of the toshi I gotta switch now? I gotta make new wallets.
Never registered use it soley for nostr with fun sats
How can they KYC anyone if you don't have to give any personally identifying info about yourself?