pull down to refresh

40 sats \ 3 replies \ @DarthCoin 13 Aug \ parent \ on: What to Do if the Bulk of My Bitcoin Holdings Is From Centralised KYC Exchange? bitcoin
The "dangerous" part about the kyc is in my opinion that there is a record on a central exchange which state that you bought X Bitcoin on date Y.

WRONG! That's not the part you should be concerned.
The real danger of KYC is that your personal information circulate freely on internet without your consent!

write
preview
10 sats \ 0 replies \ @megaptera 13 Aug

Yeah, obviously. Its not that big of a problem if only the exchange knows. But as we all know, this is rarely the case.

reply
0 sats \ 1 reply \ @Catcher 13 Aug

So nothing to do with your bitcoin:)

reply
29 sats \ 0 replies \ @DarthCoin 13 Aug

If you never go back to fiat, there's nothing to worry.

darth-capital-gains.jpg

reply