Oddbean

#Bitcoin is not even slightly captured by KYC. And the fact that there are more KYC exchanges is neither evidence of nor relevant to the idea that it is "captured" by KYC. It's an obvious result of simply being more widely available. That's all. I get plenty of KYC free #Bitcoin, most of what I get is KYC free actually. Because its my money. I get paid in and pay people in Bitcoin directly. Because the network actually has liquidity, I can use it as money. In no way whatsoever am I captured by KYC when using BTC day to day. I jsut zapped you 1,000 sats to prove it.

They came for bitcoin exchanges. I did not speak out, I can do self custody. Then they came for tumblers. I did not speak out, I'm not some "darknet hacker". Then they came for self custody, code, privacy. I did not speak out, surely this is our right? Then they came for me. Who will be left to speak for you? "I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take them violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop." F. A. Hayek

I mean, I agree with all of this and have been very vocal about the referenced issues and in supporting and using the associated tech… but I don’t see how these have much relevance to the point we were discussing before about Bitcoin having been captured — implying that these technologies and non-KYC use is no longer possible and it’s now a permissioned system.