Replying to Avatar binsky

Everyone keeps complaining about how nostr:npub1sqzr42dj8vx32yd5jcvvl3ytux45kl0etgf6y2ymjvmd7lqmuwmqk9vk7v has to implement some form of KYC to be able to keep operating under the Swiss law.

While I’m not a huge fan of KYC either, I believe it’s a necessity to keep a business running (of course) and to get #bitcoin to the masses.

In my opinion Bitcoin should be regulated in some way at least. Otherwise we’ll never have mass adoption.

Ofcourse there are still other ways to stack sats, but I don’t have any experience with them. I might check them out some day…

I like ease of use, good customer service and a respectable team. In my opinion, as a European Bitcoiner there’s no better service out there (yet?)

I’ll keep using Relai for now.

But you do you.

✌🏻

#bitcoin #btc #kyc #relai #relaiapp #buybitcoin #stacksats

There are a few benefits to using KYC, but these tinfoil hat wearers only care about privacy. 🤦🏻‍♂️

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Discussion

Do you write this same comment to all nostriches who choose freedom and control of privacy? 😆

? 😄

He told me i was wearing a tin foil hat earlier today 🤣

Oh haha gotcha!

I have no problem with privacy but I am not going to actively hamper my experience to get it

It's respectable, personally I don't mind a few detours for better privacy, especially now it's not so difficult.