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31 sats \ 7 replies \ @Bitcoiner1 13 Dec \ on: Can I de-kyc my KYC stack? bitcoin
You can always sell all in a CEX and then buy back on a P2P market (lnp2pbot, Robosats, Hodlhodl, etc).
So, no Government will know that you now have BTC.
I got started with Bitcoin buying a little on Coinbase. I then switched to Bisq for person to person buying. My bank locked my account because of how I was using Zelle suspiciously. They showed me that they considered my account and my money as theirs.
The solution was to cut my bank out of the income stream. I switched my direct deposit income from my bank to Bitwage1. All my direct deposit income goes straight to a cold wallet. I create a new receive address for each payment. If I need fiat I can have a percentage of my income sent to my bank.
Footnotes
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I got this idea by reading Darthcoin's guides. ↩
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Bitwage is quite convenient and easy. And the catch is that the IBAN number is NOT in your name ! Few people realize that advantage. yes is KYC, but not so invasive and when you touch fiat world is KYC anyways, all over.
Even if you use Robosats, hodlhodl, Bisq, the bank account you use is already KYC. Except if you use an old bank account from your grandma and she's already dead :)
I used Bitwage from 2015, I was one of their first users.
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idea for a future guide: how to sign your grandma up for bitwage before it's too late lol
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they would probably get me for tax if I did that and my own bank would probably call me in for interrogation and a mandatory anal probe if anything more than a few Gs popped up on my account, especially from Binance lol
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Sell? Are you out of your mind?
I think you wanted to say the way around maybe, sell on p2p and buy on CEX....
anyways, better just use as money your BTC not sell back for fiat.
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No, I'm not out of my mind.
If you sell, the KYC problem is over.
I know, there are tax implications.
If the IRS or Government knows you bought some SATs and you have never sell it, maybe in a short future, they will ask about your SATs.
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I really do not understand why all people are fucking scared of IRS and gov.
FFS just rebut their any authority over your BTC. They have none.
Is so fucking hard to learn this stuff?
The biggest threat is not a stupid gov agency. I really don't give a shit if a gov "knows" how many BTC I have. They can't take it from me and that's it.
Guys, do your research and learn how to be a sovereign individual that do not have give any explanation to any gov.
Gov agencies do not come to your door asking for your BTC. They come to you because they know your are an obedient sheep that pays his taxes and if you don't do it, they threaten you. Learn to defend yourself from this mafia and rebut them.
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