RogueHashrate on nostr

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Privacy Is Dignity · 25w

Cake Wallet's swap feature is dangerous to use as long as they use KYC middlemen. You could lose: (a) all your money (b) all your privacy even (c) both... ... if those middlemen deem your exchange...

RogueHashrate @RogueHashrate 1756287284

They aren't taking it out that's where they make their money, but yes I agree with you, I believe it can be toggled on and off though.

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Privacy Is Dignity · 25w

My concern is that people not fully aware of it, will use Cake's swap and then get shotgun KYC'd. Shotgun KYC is basically holding your money and privacy to ransom. One of the worst aspects of it. Nobody should collaborate with this. At the very least, there should be a large warning placed in th...