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Smells like too much kyc. Does the sender need to be kyced or only the receiver? What are the requirements?
Only the sender. When you create an account on Bull Bitcoin you must KYC. I used my grandma details anyways, so I don't give a shit. KYC doesn't bother me in terms of how many people think is KYC - "govs will know about your trades"... that's bullshit. KYC means your personal data is in databrokers hands from the first second you put it online. The exchange is not even storing that data, is a 3rd party dealing with.
There's NO WAY to use fiat without KYC, you are KYCed in any aspect when you touch fiat.
Listen this amazing podcast episode from Darknet Diaries about databrokers and KYC data... https://darknetdiaries.com/episode/162/
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73 sats \ 0 replies \ @Wumbo 11h
I used my grandma details anyways
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20 sats \ 1 reply \ @supratic 10h
This is a much more polite response, thank you.
fyi: bullbitcoin.com/privacy
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This is a much more polite response
my bad, I do not like to be "polite"
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21 sats \ 1 reply \ @Lux 11h
That's a revealing podcast.
I was just thinking, KYC means the UTXOs are registered to the person, so, by contract, they belong to the owner of the person, the Vatican. Magic :D
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😂😂😂😂😂😂😂😂😂 smart observation
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0 sats \ 0 replies \ @nichro 5h
+zap for reminding me about Darknet Diaries
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You cry about KYC... so I have some questions for you:
  • why you do not cry when you still use a bank account ?
  • why do you not cry when you still vote for a politician ?
  • why do you not cry when you still use a govID ?
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lol, here my response for all of your 3 questions:
because I don't.
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you do not cry or you do not use any of those 3 ?
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Government is fundamental to the provision of wealth and security. Without it there would be chaos and poverty. To argue otherwise is to misapprehend human nature.
In the absence of government, people will clamour to form one. Because without it most people are fucked.
Try living somewhere there is no government. You won't. Because you are not suicidal or insane, are you?
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