We are building an new economy on the Internet without, government, driver's licenses, banks, social security numbers, corporations, work-visas, or compulsory income taxes and you still care about the price?
Discussion
Lol?
Um, the bitcoin economy is 95% kyc'd
I just sent you 1,000 kyc free sats over the lightning network. KYC is meant to track bitcoin as an investment--For the people jumping on and out of fiat.
P2P electronic cash will be much more difficult to track.
Nice! I still think Lightning itself doesn't have any privacy built in to the protocol, i think mutiny is the only lightning privacy project, meanwhile chainalysis has lightning nodes and a lightning surveillance product, bitfury has lightning peach which is a spyware node, etc. Not sure lightning will be private enough to avoid kyc. especially if node operators are forced to be treated as money transmitting business or something similar like i have heard discussion about