Announcing Strike Europe
Today, we're launching Strike Europe, expanding our full suite of products to all eligible European customers
Buy #bitcoin, free on-chain withdrawals, a full-featured Lightning wallet and more. Get the best of #Bitcoin with Strike.
We also have our Strike Business, Strike Private, Strike OTC, and Strike API products available for Europe as well.
When EU?!? Now 🫡
https://www.youtube.com/watch?v=cboYEHuXwbc&ab_channel=JackMallers
Can anybody tell why should I switch from revolut?
My use case is: buy kyc tether > my erc20 wallet > sideshift to liquid tether > swap to lbtc (mainly dca) > boltz to my lightning node > boltz to cold wallet when fees are reasonable.
This way they only know that I bought tether, so no gain (taxes).
If you're trying to go KYC free why not just use Hodl hodl or Bisq or robosats 😉
well, for robosats you need revolut as well (or something else instant). sepa is slow. instant sepa is usually not an option for me. and with the ridiculous transaction limits you can't even buy like a 1m sats (when btc is up) 🤷♂️
I mean yes you need some sort of bank account that can do SEPA if you're in Europe to trade on any of those platforms. SEPA instant has always been very fast for me (I mostly use it on Hodl Hodl) and I've had no issues buying large amounts, not sure why you get limited to 1m sats.
But what you seem to be looking for is KYC free BTC, P2P trading is your best bet, since then youre just sending $$ to a person and not a particular platform. They dont even know that you bought "tether".
I use all the options. Even nostr:npub1mftv2j67vayavkks8rqev3u8jjhefe86tf80msstfxvpunk9vmps6prkl3
For larger amounts I trust the liquid federation more then any bank. It happened many times to me that some wire payment was held by any side of the transaction. Even for weeks. Or returned (with all the fees involved).
The thing is a new legislation which technically requires the receiver to "verify" where the money came from. Happened to me that the transaction was held until I proofed the funds (which obv resulted in a failed trade, because we all know how fast these things are).
Not all banks support instant sepa...
okay so up until the point of swapping through sideshift it's trackable. sideshift however knows where it is sending liquid tether, and then if you're swapping it to l-btc, you're probably using sideswap, who also knows the input and output and they know it's "buying bitcoin" event. liquid to lightning to onchain - thats the part where its obvious it's bitcoin and not stablecoin.
your problem might be that they could potentially track your swaps through sideshift and sideswap, to learn you are buying bitcoin and not holding tether usd.
might be unprobable, but there's a chance. better to abandon kyc altogether.
I wish I could.
But good point. AFAIK these swaps should be fungible. Am I mistaken?
[suggestion]
look at vexl.it app, it's p2p marketplace, that uses hash of your mobile number and hashes of numbers from contact list, to find buy/sell offers from people you know/ people from your contacts know.
everything is encrypted and private, until you choose to reveal identity in 1:1 chat.
satoshi labs, company behind 1st hardware wallet Trezor works on that. #p2pFTW
[are these swaps fungible?]
well it depends how far does the tax man want to look.
sideshift collects ip address, crypto addresses, times etc.. (so use good vpn that you pay for in monero or lightning (mullvad, ivpn, no shit like nordvpn)
they respond to law enforcement requests. so if tax man writes them email asking where they sent liquid bitcoin that was swapped from usdt erc20, they will tell on you.
if i had to bring some solution, i can say that if someone used exch.cx which is on belize and doesn't collect shit, and you can request deletion of a swap after its done, you could swap USDT on eth, to XMR , which renders any transactions beyond untraceable, and then you could swap this through them again to lightning.
or directly usdt eth to lightning. just be cautious and i cant recommend anything to you nor anyone, i can just point out what exists. be safe
well for stablecoins, you also have options to hold them on some eth l2 like Arbitrum or Polygon - cheap and fast txs.
there's also option to live inside cosmos ecosystem, cosmos hub, osmosis or other chains inside it. liquidity pools provide cheap swaps.
but try to not link any identity to those addresses on eth/cosmos, as they are completely transparent
Thank you for all the suggestions 🙏
if any tax man and/or officers from governments are reading these posts, please bear in mind that im not and its not even in my intention to explain how to do illegal things.
i very much respect the law and i think taxes are very good and everyone should pay them. every good citizen should tax every money event that they do and pay even more taxes than they are required to so that we can have roads and stuff.
i would never encourage anyone to do stuff that go against the law. thanks
And doesn't disclose amounts?
