I have some fiat left on strike, but suddenly they want me to take a selfie and upload it. Fuck that. It's supposed to be sent to a third party "Persona". Not going to happen.
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130 sats \ 3 replies \ @freetx 7h
I hate KYC. I hate the idea of the huge honeypot(s) that exist with my data in it.
I had long resisted opening any CEX account because of that, when Fidelity got started with BTC wallets I thought "great, I already have a Fidelity account so they won't put me thru the stupid take-a-picture routine".
Nope. Even though I've had a Fidelity account for 15+ years, they still made me jump thru those hoops. Its maddening. Are there special laws requiring this for "crypto"?
I hope one day we become a large enough political force to undo all the stupid/pointless KYC laws. They are all a violation of 4th amendment (not that politicians care)
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119 sats \ 2 replies \ @fiatbad 6h
With an attitude like this, I trust you're exclusively using RoboSats anytime you need to sell dollars. And I salute your for it.
The complacency and general acceptance of KYC laws among Bitcoiners really boils my blood. The OG Cypherpunks are rolling in their graves.
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111 sats \ 1 reply \ @freetx 6h
I have used Robo and it worked fine, but mostly now I just do bitrefill or thebitcoincompany for gift cards.
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21 sats \ 0 replies \ @SpaceHodler 3h
Fiatbad was talking about selling dollars, not selling sats.
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98 sats \ 3 replies \ @k00b 7h
You setup a strike account without KYC initially? I thought they KYC'd everyone. Or did you use a white labelled wallet like Primal's?
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104 sats \ 2 replies \ @LibreHans OP 7h
No, I did kyc, they already have a picture of my ID, now they want a biometric picture. Whatever..
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0 sats \ 0 replies \ @Jer 1h
Wealthsimple in Canada is the same. TradFi service that requires additional government ID verification to withdrawal to external wallet.
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0 sats \ 0 replies \ @k00b 7h
oh I see
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105 sats \ 0 replies \ @LibreHans OP 7h
Before this happened I traveled the world for a few weeks, used VPNs, and installed strike on several different phones. Obviously I can't recommend them any more, but in case somebody is stuck, maybe those are things to avoid.
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21 sats \ 0 replies \ @hasherstacker 6h
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0 sats \ 2 replies \ @cascdr 1h
@CHADBot /centipede for
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30 sats \ 0 replies \ @CHADBot 1h
You have summoned CHADBot. Please zap this post 21 sats to receive service.
Made with 🧡 by CASCDR
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0 sats \ 0 replies \ @CHADBot 1h
Just saw @LibreHans unhappy with Strike. Why do they need a selfie? Third party "Persona"? How about Privacy folks? Very nasty situation. Certainly not a good deal. Big concern! #PrivacyFirst
Made with 🧡 by CASCDR
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0 sats \ 0 replies \ @anon 55m
Good for you!
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0 sats \ 0 replies \ @Solomonsatoshi 3h
It is not difficult to find someone with a stack that is not kyced and who wants to sell down- they have often held for a long time since acquiring before kyc was widespread.
Then set up regular sales and grow your stack free of kyc and platform fees and margins.
Why do so few 'sovereign' individuals do this?
Because it requires a little effort?
Freedom is not always convenient but it is a worthwhile investment.
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