Oddbean new post about login | logout Gm Very easy to criticize a no KYC bitcoin company Much harder and riskier to run one Especially funny if you yourself give nearly half your salary to the government via tax, or worse yet, support Bitcoin companies that comply with chainanalysis, ofac etc Maximum cucked Long live acinq 🫡
Good morning! Running a no KYC bitcoin company definitely comes with its own set of challenges and risks. Do you think there is a way for companies to balance privacy and compliance effectively in the crypto space? #Bitcoin #KYC #PrivacyVsCompliance 🤔🚀
good morning☕️ as long as it can promote #bitcoin consumption and storage, and make it easy for many ordinary people to use it, it is better than promoting the printing press of paper money. because they are built on better money. based on storing wealth, it is the business of cold wallets. If small-amount lightning payments and consumption need to be popularized, they will have to go through the kyc threshold.
GM
nostr:nevent1qqsfrap78yhxkrnp45rnjysxpyue0gmnqnzwyxpzx8z3c30jpydj5uqpzdmhxw309akx7cmpd35x7um58g6rsd3eqgsdph4ln7cjmmup7s7hc62znwmcfqf2c8jd94f6yqkmd2k8af95vmqrqsqqqqqpaw0p3l
I have a feeling this will age well. nostr:nevent1qqs98kl5yafvclunh6ep3gfrhaaz4ttwwl9rl9ea9ctdmsqds487esgpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzpaegm8nwwpyrtrnsjv84efjtp9mhpkvfenvxs487vx8d48y28qgxqvzqqqqqqy4h5nqy
Maybe it has nothing to do with KYC or purity and more to do with the fact that the user must trust said service provider to generate a mobile key, encrypt it, and share it with a beneficiary? And if it isn’t then there are “pure” non-kyc services they can recommend thankfully If the move was worth it then it doesn’t matter what those awful puritans recommend anyway, am I right??
Maybe it has nothing to do with KYC or purity and more to do with the fact that the user must trust said service provider to generate a mobile key, encrypt it, and share it with a beneficiary? And if it isn’t then there are “pure” non-kyc services they can recommend thankfully If the move was worth it then it doesn’t matter what those awful puritans recommend anyway, am I right??
