Keep in mind the low liquidity of KYC-free coin. There is simply not enough to pay for everything with it. I believe that over time the market will mix up the coin for it to not matter. Cashu and the like will create gaps in traceability, but at the moment, I’d just not spend whatever undoxxed coin you still have. Their value is above market
All my utxos have CJ history
and i havent sent any since Whirlpool went off line
except the change I have in LN
but over the long term i dont think thats correct.
without good privacy tools the number of non-KYCed UTXOS only decreases
So the anonset gets smaller and smaller and they get harder and harder to use because nobody will accept them.
theres probably a sweet spot before that point where they are valuable above market price
but on a long enough timeline they are likely worthless.
Exchanges might say no to the coin, but I don’t think that people care. It’s still number-go-up bitcoin. Just that some database still remembers a story about them for a while.
if Bitcoin is a successful threat to the bankers that run the world,
self-sovereign use will be highly discouraged.
and it wont be "just some database remembers a story"
it will be the entire chain is mapped and a score assigned to each utxo. it will be extremely difficult to use poorly regarded utxos.
or you can just use "BtcBucks™ Backed by Bitcoin!"
and have a nice user experience with something accepted everywhere.
and 99% of people will do that and so much for privacy.
(btw it isn't "remembers a story about them for a while." its forever for all intents and purposes)
CBDCs will be the BtcBucks™ with variable rates of exposure to bitcoin
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