whats the counter oarty risk with CashApp, it's my money and always was, didn't wait for someone else to send fiat...
Discussion
I'm curious why not sent directly to your self-custodial ln wallet? Why the extra step with kraken? Now one more KYC platform to deal with.
fees and instant withdrawal
theres a bunch of ways to do it. Personally, could care less about all the KYC dialogue. BTC is KYC-free, it's exchanges and platforms that are KYC.
Really, I just wanted to deposit with lightning, lol.
> Personally, could care less about all the KYC dialogue. BTC is KYC-free, it's exchanges and platforms that are KYC.
BTC as a permanent record has no KYC built-in but outside observers can use this information to track and monitor transactions, which is what compromises the user's privacy and potentially exposes them to surveillance and censorship.
So in your scenario you are better off going straight to Monero in a peer to peer manner or on a local face to face meetup and maybe from there exchanging to Bitcoin, or using XMR for spends directly like buying gift cards, leaving less info as possible to be stored on data centers for harvest