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Lex | 1 years ago (raw) | root | parent | reply | flag +2 
 Is coinjoin / mixing enough to break traceability for a kyc stack? Or is sell and replace with non KYC the only real option?
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finch ☦️ | 1 years ago (raw) | root | parent | reply | flag +2 
 It breaks traceability on chain (if done properly), but doesn’t remove the record from the institution that you bought X amount of bitcoin on Y date.
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broadmode | 1 years ago (raw) | root | parent | reply | flag 
 It depends.

My stance is that it's never too late to start stacking unregistered sats. I advise against repatriating unregistered sats into the fiat economy, especially for big things. Stack unregistered sats and keep them within the #Bitcoin economy.

KYC sats are easier to repatriate but, since you've registered them against your legal identity, you can bet your ass they are being monitored. 

Coinjoin is most useful in spending unregistered sats in the #Bitcoin economy IMO, as it protects your privacy from the people and businesses you've spent sats with. Forward privacy means they can't inspect your #Bitcoin just because you spent some sats with them.

Some folks use coinjoin to keep their KYC sats private after its taken off the exchange, which also makes it easier to "lose it" in the future. Just keep in mind the KYC records are forever, so John Doe is always going to have to answer for every KYC sat he purchased.