Damus
sperry profile picture
sperry
@sperry
Genuine question:

If you aren't a criminal, or trying to avoid taxes (same thing) why do you care if your BTC is KYC or not? Why, exactly?

Or is it just a narrative?

Isn't transferring to a self-custody wallet a move away from KYC in the first place? I m an o can send BTC from my CashApp to any address, so unclear on what exactly you think you're gaining with all these conjoins and whirlpools that make it look like criminal activity?
2
Lexor · 138w
The Problem with kyc are the big databases with lots of information that ties the bitcoin amount to every individual. It's dangerous to collect and store such sensitive information online.