Damus
titus · 1w
Ouch. The surveillance crackdown is driving me to get my btc acquisition method together as well. Bisq seems like the p2p for me, as far as transmuting fiat to btc...
FeynStructure profile picture
Well I'm glad you brought that up, because I've looked into p2p platforms and there's still something that gives me pause.

Besides the rare case where there's someone in your local area who's willing to meet up in person and accept cash (I have yet to see an offer like this in my city), are there any other ways to pay anonymously?

If you do a bank transfer or something like that, the sender has your identification.

Now suppose the government (or some other nefarious organization) wanted to dox a bunch of anonymous bitcoin: they could just have undercover agents on these platforms selling bitcoin and then linking receive addresses with identities attached to payments. Those sats could then by tracked with chainalysis through time, potentially contaminating huge swaths of non-kyc bitcoin as UTXO's are consolidated.

Even the possibility of this happening makes me reticent to use these platforms.

What's the solution? Are there anonymous ways to pay besides cash? Do you just coinjoin after the fact and hope for the best?

I appreciate any knowledge on this matter, I'm woefully undereducated.
1
titus · 1w
You make some great points. It is clear you have given this more quality of thought than I... One solution that comes to mind is going to bitcoin meetups. Vetting/feeling out people in person, and transacting with them directly... Ive also had luck using Coinhub ATM's for sub $2000 transactions. No ...