Damus
Serving Bitcoin profile picture
Serving Bitcoin
@ServingBitcoin.com

Refurbished bitcoin nodes via https://servingbitcoin.com. Serving Bitcoin by converting fiat PCs into bitcoin nodes.

Relays (11)
  • ws://100.110.44.5:4848/ – read & write
  • ws://192.168.1.202:4848/ – read & write
  • wss://eden.nostr.land/ – read & write
  • wss://frens.nostr1.com/ – read & write
  • wss://nos.lol/ – read & write
  • wss://nostr.bitcoiner.social/ – read & write
  • wss://nostr.land/ – read & write
  • wss://nostr.wine/ – read & write
  • wss://relay.damus.io/ – read & write
  • wss://relay.getalby.com/v1 – read & write
  • wss://relay.primal.net – read & write

Recent Notes

CR45H 0V3RR1D3 · 1w
If KYC is required to withdraw.
Grafton · 1w
Using the fiat banking system… I laid it out right there in the post. Check it out. Dánské Bank HSbC Wachovia The list goes on and on. KYC doesn’t prevent crime it literally helps facilit...
Serving Bitcoin profile picture
Basically, the process of shedding KYC for fiat transactions within those banks must be a very well known process in order for 99.9% of all criminal financial activity to avoid capture, fines, or prosecution.

We well understand the tools and process of shedding KYC in Bitcoin, but have very little understanding of how those three banks do it.

Do you know how? Is it common knowledge? LLMs don’t appear to know or are configured to avoid revealing the details of how (unlike the level of details they share about how CoinJoin works).
Grafton · 1w
Using the fiat banking system… I laid it out right there in the post. Check it out. Dánské Bank HSbC Wachovia The list goes on and on. KYC doesn’t prevent crime it literally helps facilit...
Serving Bitcoin profile picture
Is it that easy? Simply …

- select one of those three banks
- perform KYC with the bank you selected
- then freely conduct as much illicit fiat activity as you want without consequence because those banks don’t follow AML rules

Is bank selection all that it takes for 99.9% of fiat criminal to circumvent AML? Sounds too simple to be true.
Grafton · 2w
So I don't know why more people don't scream about this but KYC does not prevent crime. I'm gonna lay out the numbers here because people need to see this. The cost of pretending it works is measured...
Serving Bitcoin profile picture
If AML regulations have less than a 0.1% impact on criminal finances, how do 99.9% of the criminals either a) avoid performing KYC or b) avoid getting caught after they have undergone KYC (despite 4.6 million suspicious activity reports)?

How are 99.9% either getting around KYC or avoiding getting caught after completing KYC? Illegal or not, how they are so successful at avoiding fiat KYC or its implications? Their methods should become general knowledge.

In bitcoin, KYC countermeasures like P2P, CoinJoin, PayJoin, Stonewall, Lightning, and more are well known BTC countermeasures. What are the most successful fiat countermeasures the 99.9% are doing?
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Grafton · 1w
Using the fiat banking system… I laid it out right there in the post. Check it out. Dánské Bank HSbC Wachovia The list goes on and on. KYC doesn’t prevent crime it literally helps facilitate it
Serving Bitcoin profile picture
@RoboSats
serves bitcoin.

RoboSats is:
- a P2P exchange for fiat and Lightning
- GNU Affero General Public License
- uses pseudonymous robot avatars
- primarily facilitates non-custodial trading
- is censorship-resistant, uses TOR
- can be self-hosted on @start9labs & @umbrel

1👍🏼1
Serving Bitcoin · 7w
You will find RoboSats here: - https://learn.robosats.org - Git: https://github.com/RoboSats/robosats - S9: https://marketplace.start9.com/robosats - U: https://apps.umbrel.com/app/robosats Thank you RoboSats for helping make bitcoin more private. https://blossom.primal.net/9d7c8c51e0e80d8dabef45...