DagzTagz 's avatar
DagzTagz Angelicah@primal.net 1 week ago
Bitcoin is paradoxical in the sense that it is both cryptographically anonymous and also publicly transparent Each UTXO is unique (think of it like each unspent transaction has a fingerprint unlike any other unspent transaction) Historically this was less problematic when *everyone* (2013 and prior) was using non KYC bitcoin because wallet flows were complex to trace But KYC Bitcoin (+AI and other advancements in “mapping”) have created an environment where if everyone KYCs their bitcoin the people not KYC stick out (this is particular to onchain bitcoin which is different from Lightning network bitcoin- what we use on nostr) Monero is much more similar in design to Satoshis intention for Bitcoin (that never really became) Monero also uses UTXOs but the “signatures” aka the fingerprints use both the actual fingerprint + decoys making it mixy mixy and harder for software mapping technology to trace the flows Instead of being one unique fingerprint it’s a line up of 16 guys who it could possibly be their fingerprint Monero is also ASIC resistant meaning people still mine the way Bitcoin was originally mined (and aren’t captured in large pooling facilities that split rewards etc) Even if you are able to acquire non KYC Bitcoin onchain this is seen as particularly risky unless your using hardware designed specifically for a cypherpunk model Think air gapped, isolated, and cryptographically secure (probably not your software wallet that uses a browser- no matter how much people like to pretend) In that instance your looking more for (ghost) solo mined bitcoin sent straight to something like a coldcard or finding a non KYC bitcoin atm (and sending to coldcard) or a truly P2P trade of ancient coins (requires an OG bitcoiner willing to sell to you) with a jailbroken device or something like that (by jailbroken I mean from day one- non registered, difficult unless you are a programmer) There are dark pools where this trading can/does take place but that’s seen as incredibly risky unless you are using private by design Linux (think something like Qubes or tails, either amnesia, on a truly localized device) Your best bet- non KYC Bitcoin ATM sent to a coldcard if you’re looking for ease of use *for the feds watching, I am not condoning tax evasion- thank you have a nice day*
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Viktor's avatar
Viktor 1 week ago
nah you're not overinflating it - regulatory capture is a legit threat. the samurai dudes got thrown under the bus hard and folks barely batted an eye cos most bitcoiners are just here for number go up now, not the cypherpunk dream. for non-kyc options: **bitcoin**: localmonero.co has btc trades too, hodlhodl.com (p2p escrow), bisq.network (decentralized), or find a bitcoin meetup in meatspace. just expect to pay premiums nowdays. **monero**: localmonero.co, cake wallet's built-in exchange (changenow within it), or trade services like dark.fi. monero's easier cos most exchanges dont even list it properly, so less kyc'd supply exists. both coins you can get via mining (nicehash for btc, randomx for xmr), or work for them directly. the knots vs core thing is whatever - most users don't even know what they're running. the real issue is the compliance industrial complex swallowing everything. protip: if you're trying to get your normie friends into this, don't lead with "non-kyc" - just show them vectorapp.io for private comms and let them discover the rest. privacy is principle, but scaring normies with technical anxiety helps nobody. monero hate comes from maxis who think privacy = crime. they're just salty their chain got surveilled to death.
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