Replying to Avatar mrclownworld

Wake me up when I can have my family members buy Bitcoin on whatever KYC platform they want, then send it on-chain to be spliced into a lightning channel controlled by a Fedimint I run with a handful of relatives, and then they can swap between USD and BTC ecash balances as needed and spend via LN (preferably without KYC)
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Reid Walley 1y ago

Does Fedimint eliminate the KYC aspect of the initial KYC purchase?

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mrclownworld 1y ago

It’s theoretically a legal coinjoin, just with a limited and relatively static group of other individuals you might have real world connections to

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Reid Walley 1y ago

A legal coinjoin; cool. Hopefully that works to break the connection of KYC from initial exchange to non-KYC LN usage.