Replies (13)

Stacking Functions 2 months ago

What's the best option for obtaining non-kyc btc besides selling stuff and accepting btc? And would you not send those sats to a cold storage wallet that held previously kyc'ed sats? I'd assume that address would be marked and linked to the original kyc identity forever

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npub18dlu...h8x3 2 months ago

P2P

The_Crin Thecrin@satlantis.io 2 months ago

I would say that they are preventing you from discovering that you can get bitcoin without having to give your documents, with the lightning network

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The_Dude 2 months ago

I fixed it: "But no one wants blacklisted coins. They will be radioactive and useless." They can’t stop me from moving my bitcoin and transacting P2P. Eventually all Non-KYC Bitcoin will be considered tainted. Don't trade your bitcoin for fiat ever! Support your local bitcoin circular economy. True bitcoiners won't ask if your bitcoin is OFAC compliant.

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The_Dude 2 months ago

If you buy KYC bitcoin on an exchange and then move it into a lightning channel, then that is now a KYC channel. You can do all the transactions you want on that channel, but when you or the other party eventually closes the channel, your balance goes right back to the same KYC address you used to fund the lightning channel.

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The_Crin Thecrin@satlantis.io 2 months ago

or a way would be to pass those bitcoins through a mixer like Ashigaru Wallet so that it is no longer known which bitcoins had KYC?

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Hanshan hanshan@hanshan.io 2 months ago

Bisq or Robosats and use a completely separate wallet

Hanshan hanshan@hanshan.io 2 months ago

its no longer certainly where those coins ended up but the record of the purchase still exists. do you think the government will come for there percentage?

epsql epsql@nsec.app 2 months ago

This! If we hope Bitcoin will succeed by waiting for permission from the state then we're screwed. l say let's taint all UTXOs by making them go through coinjoins and then we'll see what is considered radioactive and by whom

blckbx blckbx@blckbx.github.io 2 months ago

Not true. Opening and closing addresses are not the same. Example:

The Mempool Open Source Project®

Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.

SwapMarket swapmarket@iris.to 2 months ago

Why not mention Lightning and Liquid? Ome can open channels and do peg-ins with any UTXOs, then pay privately.

sean sovereignsean@primal.net 2 months ago

“Didn’t you find it odd that they arrested the developers of mixers like whirlpool and tornado cash, instead of the criminals that used them?”

npub1ka7q...5z0s 2 months ago

This is a great point. Couldn't agree more.