reply on: Buying non-KYC bitcoins peer-to-peer #1: Peach \ stacker news ~bitcoin

223 sats \ 6 replies \ @r3drun3 29 Mar \ on: Buying non-KYC bitcoins peer-to-peer #1: Peach bitcoin

EVERY bank transaction is KYC.

175 sats \ 3 replies \ @Line2Wire 29 Mar

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The one outlier you can't control here is the peer you trade with, but there are a couple ways to get around this, ex. Revolut's MITM payment link method.

Can you expand on Revolut payment link method, should I use payment links to both send and receive, instead of paying/receiving directly? Is it more private?

140 sats \ 1 reply \ @Line2Wire 29 Mar

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11 sats \ 0 replies \ @0xIlmari 29 Mar

Where does this work how you describe (where the peer does not get to know anything about you)?

I'm in the EU, I created a payment request link, then visited it and Revolut's website shows my name and surname initial along with the requested amount.

0 sats \ 0 replies \ @ch0k1 29 Mar

💯

0 sats \ 0 replies \ @expatriotic OP 29 Mar

Correct, hence everyone should buy miners instead. But excluding that option, some random pleb learning your name is 1000x then using a KYC exchange and giving up your name, address, email, social security, passport, face scan etc. Not to mention due to volume that information is sitting in a honeypot.