Kyc bitcoin absolutely has a place.
You can always withdraw over lightning to a bitcoin wallet, mix it, whatever.
Personally, I keep a strike acct for dca purchases and inbound zaps. I tend to spend the kyc at bitrefill, paying friends, etc..
90% of my bitcoin is mined.
It is ludacris to believe the only way to get bitcoin for most people is bisq, other p2p, or a non kyc atm, or something else.
The best way is to minimize it, then use forward privacy on the kyc, while keeping it segmented.
Replies (4)
Sure it will have a place. I'm trying to bring awareness to those who care that it comes at the cost of your privacy. If you're not on board no problem. My main point was to make it known to newb sign ups. As you say many won't care or even know to care but in this case it's about touch points. They'll care when/if they get burned.
Oh some people have also mentioned they have actually not been able to withdraw. It was in a post on my feed a few days ago.
Interesting. That's an issue, for sure.
I use my own node to zap. Been testing inbound for zaps too, but still need a few more channels, too many failures inbound.
Zapped you non-kyc from own node. 🤘
