Subnostr

With the recent shutdowns of #SamouraiWallet, #LocalMonero and other services allowing to obtain KYC-free cryptos, I think that #sybil-resistant blockchains will be a prime alternative for the #plebs to grow their cryptos holdings KYC-free. The reality is that on and off-ramp to fiat will be soon restricted and definitely forbidden for non-KYC #crypto. A sybil-resistant #blockchain can allow you to obtain KYC-free coins that you can then exchange for #Bitcoin or #Monero. The best part is that these blockchains don’t even require specialized hardware or resources (besides a little bit of your time). Spread the word far and wide and I’ll be happy to share an example of blockchain that can be used for this purpose!

BTCapsule 🏴 1y ago

I think we can use bitVM to create non-KYC bitcoin exchanges that do not require a third party, so no regulations can stop it. Plus we will have drivechains soon 🤙

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Discussion

LogicallyMinded 1y ago

Drivechains soon? Hopefully! To be clear I don’t think there will be an issue swapping in and out #crypto without #KYC but the challenge will be for one to earn new crypto KYC free. Of course mining is always a possibility but not very accessible to most people.

BTCapsule 🏴 1y ago

Yes, soon the miners will run CUSF and we will have the zcash sidechain. It will be called an attack on Bitcoin, until people realize it’s a counterattack to whatever nonsense the spooks are pushing for.