Shoutout to everyone with the custodial lightning addresses in their bio.. it seems to be the standard on nostr too?
So much for cutting out trusted middlemen. Bitcoin only tho
Such a shame that quite literally the FIRST sentence of such a great paper has been turned into the whole monstrosity of KYC crypto exchanges going bonkers 😢
Banking also supports and enforces the state's economic censorship and financial surveillance.
KYC-free Bitcoin, Monero, gold/silver and cash (for now) are the only permissionless, inclusive and private payment methods.
January 27 will mark 12 years since the launch of the silk road.
You likely have seen the #FreeRoss movement if you've spent any time in #Bitcoin circles, but do you actually know what happened?
Here are the facts. Grab your coffee.
Silk Road 101
1/21
The DOJ and DOT are expanding like never before. How many of their child agencies are you familiar with?
The FBI ... the IRS ... you might have even heard about OFAC sanctions and compliance recently. Here are five additional agencies you should be aware of and why.
#BTC🧵
Stop using VEXs!
"VEXs" = verification exchanges requiring ID
The convenience of mainstream VEXs (e.g., Coinbase and Binance) have perverted end-user expectations of private, P2P alternatives when buying #Bitcoin
Read on for more...
https://bitcoinmagazine.com/culture/the-value-of-p2p-bitcoin-exchanges… via @okada_blue
KYC is the state attack on bitcoin. 100% avoidable. Yes, you might have to do some research to figure out how to do it. But this is about separating money and state - we're going to have to earn it.
Part of being a bitcoiner is learning to think adversarially. If bitcoin is everything you think it is, they will come for it eventually. Don't make yourself a target.
Using kyc so you can smash buy a dip or accumulate without effort is high time preference. You aren't thinking about the potential downsides in the future.
Using kyc so you can smash buy a dip or accumulate without effort is high time preference. You aren't thinking about the potential downsides in the future.