I believe it's a way to hide what you're doing with those sats from the person who sent them (and people they tell about it). It's a good idea, especially if the seller finds out who you are via your payment method
Hmmm yeah that makes sense. Jeez, why trade P2P at all then? If you’re doxxed on robosats, just go the convenient and lower fee route and buy your sats on Swan
Getting doxxed p2p on robosats (not likely) is much better than getting KYC'd by an entity like swan. Better a peer know you than an entity beholden to regulations. That entity has to comply with regulations (old and new) and may even be used to surveil or sanction you in the future. Just my two sats. Fwiw, I like swan but I think it's best to buy noKYC only if you want to minimize risk
Couldn't you buy an amazon gift card with fold, earn 5% + spin back in bitcoin, share the gift card code with the robosats seller, and then get noKYC sats from the seller? Guess I'll try it out!
Got the code from Fold after purchasing the gift card then sent it to user. Took awhile to find someone on robosats who wanted a $100 amazon gift card tho
Random question: what’s the thinking behind mixing non-kyc sats obtained on robosats? Why do it?
I believe it's a way to hide what you're doing with those sats from the person who sent them (and people they tell about it). It's a good idea, especially if the seller finds out who you are via your payment method
Hmmm yeah that makes sense. Jeez, why trade P2P at all then? If you’re doxxed on robosats, just go the convenient and lower fee route and buy your sats on Swan
Getting doxxed p2p on robosats (not likely) is much better than getting KYC'd by an entity like swan. Better a peer know you than an entity beholden to regulations. That entity has to comply with regulations (old and new) and may even be used to surveil or sanction you in the future. Just my two sats. Fwiw, I like swan but I think it's best to buy noKYC only if you want to minimize risk
Makes sense. Thanks for spelling that out.
Nice. I need to get my hands on some non-kyc sats.
Very useful, I wish I had these instruction when I started
Couldn't you buy an amazon gift card with fold, earn 5% + spin back in bitcoin, share the gift card code with the robosats seller, and then get noKYC sats from the seller? Guess I'll try it out!
Let’s us know if that works
Bought $100 Amazon US gift card on Fold:
It works!
Did you leak any information when you sent the gift card? Like name or address?
None. Just sent my gift card claim code and my peer entered it in
I gotta try this! Thanks
Got the code from Fold after purchasing the gift card then sent it to user. Took awhile to find someone on robosats who wanted a $100 amazon gift card tho
Did you Get the code first then sent it to user?
Was thinking the same thing
Yup, should work :)
The fatal flaw is opt-in privacy. It doesn't work for z-cash, why would you think this which is like 5 times more complicated will work for BTC?
This is how bitcoin should always be used.
Non-kyk.sats.get();