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0 sats \ 3 replies \ @stack_harder 1 Sep \ parent \ on: Lyn Alden on nostr today bitcoin
start with non-kyc buys on robosats or your p2p platform of choice
Robosats and P2P are something I plan to understand, but they don't address the issues mentioned here.
Given the current trend about enforcing KYC and other form of controls on BTC, one should be careful to not mix KYC BTC with non-KYC BTC to avoid potential future "headaches". This additional level of complexity will drive more and more people far from BTC environment.
Of course, if you plan to live on BTC only, and, most importantly, have to possibility to do so, you may be untouched by KYC measures and tax-related nightmares, but this is not the average person.
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imo, only a very small percentage, relatively speaking, would even be bothered by it.
right or wrong, they will live in a fully kyc world without batting an eyelid. They will pay their tax on their gains etc and will be more than happy to do so.
If the gov wants them to do a retina scan and dna swab to open an account, they'll do that too.`
And that's the percentage that even has the balls to get into btc in the first place. the true average person still thinks bitcoin is a scam and trusts the government implicitly
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That's exactly the point! The vast majority of people do not care about privacy-related things, and the inference is that this attitude will make things way worse for privacy-conscious people interested in BTC.
P2P services are ok for some BTC users, but most of the privacy-conscious people who may be interested in BTC will not have the strength to manage two completely separated stashes of BTC.
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