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nostrich · 162w
I would say yes that would be a KYC free purchase. KYC/AML is the requirement for regulated institutions to collect personal information about customers. This makes it easy for state actors to identif...
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che @hodl.che
In that sense what’s to stop myself from sending my exchange bought KYC BTC to another address that I own. I can say that it was lost and got hacked, coins were transferred out. Technically the new address would be ‘KYC-free’? Maybe this is extremely dumb haha but tell me why.
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nostrich · 162w
If you’ve already gone through KYC then it’s trivial for the state to know you’re a current or past owner of bitcoin. If you can’t prove you’ve sold it they would likely assume you still have it. If you have a government that fights rather than embraces bitcoin that’s a stressful situati...