40 sats \ 0 replies \ @shyfire 19 Dec 2022 \ parent \ on: Misconceptions about KYC-free bitcoin 🧵 bitcoin
I also think Bitcoin is a journey, and I don't think it's fair to judge anyone for what stage their journey they are on.
Example journey:
- Hears excitement about Bitcoin and signs up on Binance to buy some
- Gets sucked in by shitcoin casino and buys a bunch of shitcoins
- Gets rekt and orange pilled
- Goes Bitcoin only
- Takes BTC off exchange and into radical self-custody
- Realizes on-chain privacy issues and gets into whirlpool/coinjoins
- Realizes KYC risks and goes full P2P