Hello, first post! Looking to discuss if I'm overthinking the privacy issues in purchasing non-kyc. In broad strokes there seems to be two routes to acquiring non-kyc:
1a) Processing CEX coin with coinjoin or sub swap it, usually with coin purchased before knowing about KYC. I know the boat accident is a common joke and they can't prove it, but for an audit can't they just make an extremely high tax consequence unless you prove your transaction? With increasing laws like Fincen and IRS scrutiny burden of proof of an audit is on the individual. You're already supposed to track all your transactions.
Ex) You move your purchase to another wallet to create plausible deniability. This is a taxable event. But if they ask for transaction history and you say you sold it, they'll need to see a change in balance on the sell. Lack of proof of purchase may result in that high tax consequence.
2) P2P with a DEX like Bisq, HODL, Robosats, etc and pay a premium for the privacy, ideally with a node. I've enjoyed doing this but I didn't realize how fickle bank and the payment methods like CashApp, Zelle, and Strike, etc could be. It's okay for the occasional payment but for anything more it's incredibly inconvenient. I recognize a lot of people got scammed so they're putting in protective services, but for everyone else we have to tip toe a bit to not accidentally have the hassle of getting an account frozen. This is elevated because the main people on each platform are staples indicating that their accounts get considerable repeat activity. It would be unsurprising for them to be flagged and monitored. A transaction with them also creates a high probability that you purchased Bitcoin from them. I know this because I did a transaction well within my limits and then got a call from my bank later that week. Does this mean you should be coinjoining this coin as well or am I overthinking this?
Basically for anyone that made the jump to DCA consistently into non-KYC long term, what is a workflow that works for you? The only thing I can see working is purchasing from a miner directly (if anyone has suggestions I'm all ears), Bull Bitcoin (Canada only), or living as a German citizen for a year lol.