they dont need to.

i like taxes. i agree with things in news. i agree with laws and abide by them. i hate criminals. i consider 1984 as a rulebook for good society. i despise breaking laws such as laundering money. nobody needs privacy. government should have total and absolute insight into person's life and financials.

im good citizen.

yep. whirpool doesnt connect. it was revealed to me in a dream, thats how i know.

but they dont custody it, do they?

afaik they could only know xpubs and therefore addresses and transactions, am i wrong?

this hits different now

let governments see it as they please.

i want people to know.

PRIVACY IS A HUMAN RIGHT.

sure, one of the ways to live in this digital world.

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

but try to not link any identity to those addresses on eth/cosmos, as they are completely transparent

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.

[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

i dont play this kyc fiat game, but please explain the following:

if someone pays my lightning invoice that originated from cash account, did *i BUY bitcoin* ?

if i pay someone lightning invoice from my CASH account, did *i sell bitcoin* ?

i wont participate and find out what tax man thinks, but im curious on your interpretation, thanks

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.

the idea is i presume to deposit fiat from bank, and pay it out on your self-custodial lightning wallet as bitcoin.

but dont do this. buy peer-to-peer anonymously as satoshi intended in the spirit of cryptoanarchy.

and proof of address

only natural to have a recovery after marathon

nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg when i mute certain user, i can still see note from them if somebody else "retweeted" it

are you in this for freedom or for lambo

finally found the usecase for git rebase

difference between spam emails and unwanted transaction types on bitcoin blockchain

nostr:note1wztjt5l96g6pl4d7nuyvqtp35c55lp538dtxutjrl3aycrz37r0s9tpnul