reply on: Does kyc really matter if I don't plan on having an exit ramp \ stacker news ~bitcoin

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0 sats \ 7 replies \ @Recongraves OP 10 Sep \ parent \ on: Does kyc really matter if I don't plan on having an exit ramp bitcoin

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

42 sats \ 6 replies \ @teemupleb 11 Sep

Regulators might decide for example that coinjoined bitcoin are not recognized by licensed Bitcoin service providers.

63 sats \ 0 replies \ @DarthCoin 11 Sep

licensed Bitcoin service providers

what a bullshit. Regulations are ONLY for fiat businesses, not for Bitcoin.

0 sats \ 4 replies \ @Recongraves OP 11 Sep

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

21 sats \ 3 replies \ @teemupleb 11 Sep

Bitcoin will work but they might decide to close your account

0 sats \ 2 replies \ @DarthCoin 11 Sep

If it is an "account" it is NOT Bitcoin.

21 sats \ 1 reply \ @teemupleb 11 Sep

Then we have two “bitcoins” and one of them is “stained”

0 sats \ 0 replies \ @DarthCoin 11 Sep

No, that is a bullshit narrative, pushed by the propaganda machine. There's only ONE Bitcoin. The one you have self custody.