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30 sats \ 1 reply \ @fiatbad 3 Feb \ parent \ on: How I Buy Non-KYC Bitcoin bitcoin_beginners
how is it non kyc is the funds are coming from Strike, a fully kyc bitcoin company?
Because you pay the person fiat. There is no record of the person sending you Sats in exchange for your fiat.
RoboSats is similar to meeting someone at a coffee shop, handing them cash, and having them pay your LN invoice. It's outside the system.
You don't pay capital gains tax when you "gift" your "friend" $100.
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34 sats \ 0 replies \ @Jon_Hodl 4 Feb
This assumes that the entity that you are buying from is an honest actor and not a chain analysis company or “fed”.
If the counterparty is a bad actor, then they follow the money both ways.
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