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210 sats \ 1 reply \ @DarthCoin 8 Mar \ parent \ on: Stacker Saloon
KYC is bad because your personal info is out there in multiple hands and you don't know where is traveling and used. THAT IS THE REAL ISSUE WITH KYC.
KYC doesn't really matter if you just buy - withdraw and never sell back for fiat.
Just move around the sats through LN channels and absolutely nobody could trace nothing. I wrote several guides about that.
If you can avoid KYC exchanges, then do it !
But if you are forced to use them, don't worry too much. Govs will NOT come after you because you DCA 20 cuckbucks /month.
JUST NEVER SELL BACK FOR FIAT. is so fucking simple.
Spend and replace.
Gotcha 🫡
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