I simply wanted to update my email address, Strike, youve already kycd me to pieces...and i have to do this to change my email ? My reply: Forget it.
Fuck that shit im so over it.
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192 sats \ 2 replies \ @faithandcredit 4 Nov 2023
FTX proved the assumptions surrounding KYC and AML wrong. KYC and AML does not lead to less criminal activity.
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0 sats \ 1 reply \ @ek 4 Nov 2023
Correct me if I am wrong, but KYC and AML are about preventing criminal activity of their users, not of the platform itself.
But FTX bragged about being the most regulated exchange iirc. So this proofs that regulation doesn't always work.
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0 sats \ 0 replies \ @faithandcredit 4 Nov 2023
What rules are regulations based on anyway. It seems like whatever rules the regulations are based on, are already in effect, and that regulations dont add much. They can even do more harm than good.
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217 sats \ 6 replies \ @DarthCoin 3 Nov 2023
When do you will realize that Strike is just another paypal, but over LN?
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52 sats \ 4 replies \ @kristapsk 4 Nov 2023
There is one difference, and it is LN as a protocol. When I need to send money to PayPal, I need to have PayPal account. But with Strike I can send money to other party (pre-coiner?) without having to have any account with them, just using my LN node at home. And I should not even care do they prefer BTC or EUR or USD or whatever.
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0 sats \ 2 replies \ @DarthCoin 4 Nov 2023
Misleading. You still have to KYC on Strike. That means account.
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20 sats \ 1 reply \ @kristapsk 4 Nov 2023
I can send money to Strike users without having a Strike account, using LN, that was my point.
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3 sats \ 0 replies \ @DarthCoin 4 Nov 2023
ah ok, that is true.
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0 sats \ 0 replies \ @bzzzt OP 4 Nov 2023
Ya, ill have to use cashapp for that use case if it ever comes up.
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0 sats \ 0 replies \ @bzzzt OP 3 Nov 2023
I like strike, its a useful payment tool. I dont buy btc on it for a long time. But i just wanted to change my email address 😮💨
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171 sats \ 1 reply \ @03a5308755 4 Nov 2023
Got shotgun kyc'd by Relai because I logged in from a Ukrainian IP address
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50 sats \ 0 replies \ @nemo 4 Nov 2023
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150 sats \ 0 replies \ @Athena_Alpha 4 Nov 2023
It's like bringing the TSA to online payments...
https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fi.kym-cdn.com%2Fphotos%2Fimages%2Foriginal%2F001%2F486%2F992%2F0f8.png
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21 sats \ 10 replies \ @Zepasta 3 Nov 2023
Shame on you. Why arent you using Robosats?
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225 sats \ 9 replies \ @Signal312 3 Nov 2023
Maybe he is using Robosats. Strike is one of the more popular payment methods on Robosats.
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2 sats \ 0 replies \ @bzzzt OP 3 Nov 2023
☝️
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0 sats \ 7 replies \ @Zepasta 3 Nov 2023
Good point. Why not use Revolut instead
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0 sats \ 6 replies \ @bzzzt OP 3 Nov 2023
I could, but how does that solve me sending my KYC stuff to yet another vendor ?
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50 sats \ 5 replies \ @Zepasta 3 Nov 2023
deleted by author
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21 sats \ 0 replies \ @SpaceHodler 3 Nov 2023
But they may close your account.
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72 sats \ 2 replies \ @kristapsk 4 Nov 2023
My Revolut account was cancelled years ago for doing OTC P2P Bitcoin vs fiat trades using HodlHodl.
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0 sats \ 1 reply \ @Zepasta 4 Nov 2023
Thats against their ToS
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1 sat \ 0 replies \ @kristapsk 4 Nov 2023
Whatever. Fuck them!
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0 sats \ 0 replies \ @bzzzt OP 3 Nov 2023
🤙
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50 sats \ 1 reply \ @Jetty 4 Nov 2023
I have to be honest on this one. Strike request for info makes sense from a security perspective. Because you've already been KYC'ed to get in, this is just a simple verification because "normal users" don't typically change their email.
But I agree with your point, I'm super tired of KYC and I think I've done my dair share of KYC buying Bitcoin. I now get paid in Bitcoin and withdraw it right away so come and get me.
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21 sats \ 0 replies \ @bzzzt OP 4 Nov 2023
Ive changed my email with venmo, cashapp, paypal, my bank account. No one asked me to take one of those ridiculous mugshots with my ID and some stupid work order #. Not the norm, in my experience.
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50 sats \ 0 replies \ @BITC0IN 4 Nov 2023
https://bitcoiner.guide/nokyconly/
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50 sats \ 0 replies \ @TheBTCManual 4 Nov 2023
Yeah man I'm with you, if all these CEX and CEFI blow-ups and data leaks haven't shown people that KYC offers zero upside and only downside then I don't know what will?
While I find it a pain dealing with P2P scammers when making trades and the premiums aren't great, the cost of doing business continues to be worth it, especially once these KYC lists are turned into a tax witch hunt list which will happen eventually
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0 sats \ 0 replies \ @Jon_Hodl 4 Nov 2023
Yeah, this is absurd. RoboSats is the best way to buy privately, imho.
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0 sats \ 0 replies \ @03a5308755 4 Nov 2023 freebie
Just use robosats
0 sats \ 0 replies \ @nemo 3 Nov 2023
deleted by author
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