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0 sats \ 10 replies \ @Recongraves OP 10 Sep \ parent \ on: Does kyc really matter if I don't plan on having an exit ramp bitcoin
Thank you so much for the help it's much appreciated does this mean the kyc coin on my hardware wallet compromised meaning that I have to get a new hardware wallet and or wipe the wallet to use a new address in non-kyc. Does this my lightning wallet on Phoenix is bad too
No. Don't do anything. As long as your BTC are in your own custody with a hardware wallet, you have nothing to worry.
Does this my lightning wallet on Phoenix is bad too
No. Why do you think is bad?
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I appreciate you taking your time out of your day to reply. It is absolutely breathtaking how amazing the Bitcoin community is with support and guidance. Thank you all
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I'm just trying to understand the stained metaphor. For instance I've been looking at telling a story using the op return as an attachment is this how they're coding the kyc into the coins
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Regulators might decide for example that coinjoined bitcoin are not recognized by licensed Bitcoin service providers.
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licensed Bitcoin service providers
what a bullshit. Regulations are ONLY for fiat businesses, not for Bitcoin.
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I don't understand what you mean by service providers. Is there something I'm not understanding that will physically stop the transaction from going through from another person that wants it
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Bitcoin will work but they might decide to close your account
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If it is an "account" it is NOT Bitcoin.
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Then we have two “bitcoins” and one of them is “stained”
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No, that is a bullshit narrative, pushed by the propaganda machine.
There's only ONE Bitcoin. The one you have self custody.