Honestly, this just makes me want to use Bisq and RoboSats from here on out.
https://www.ic3.gov/Media/Y2024/PSA240425#:~:text=The%20FBI%20warns%20Americans%20against,to%20anti%2Dmoney%20laundering%20requirements.
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Had that same thought. I want nothing to do with KYC anymore
Why weren't you using them before?
I have to buy small amounts, but it's a huge pain in the asshole and to buy any significant amount. Buy $25? No biggie. Buy $500? That's a pain in the ass.
I can usually get 1.5k USD orders filled within 8 hours. I usually set the premium to 2%, but honestly I would pay 10% if needed.
What's the best payment methodology? Amazon gift cards?
I'm in EU so revolut is what works best and it's reasonably private from your trade partner since he cannot see your full name.
Instant SEPA also has loads of liquidity.
I cannot Amazon gift cards. They are more iliquid, with higher premiums and you cannot spend them privately since you need an amazon account with a valid credit card to use them.
I've used Strike in the past, but I had to KYC to get the app...
All bitcoin tradea have some level of KYC since the trade partner needs to know something about you in order for the trade to happen.
The goal is to make each trade partner different each time so that a single entity does not collect information about all your bitcoin/fiat trades.
The way to achieve that is p2p, no reuse of identities and to give out as few information as strictly required.
I also use Revolut. But your trade Partner can see your full name and the account details if he creates a bank statement in the app.
Sorry that is not true, most offers I see on non KYC platforms are around 200 - 700 dollars
They want all utxos to have a trail they hate that their jobs are harder because these tools. Very lazy tyrannical government we have today.
Who's Erik Moss?
Where did Derek Ross go?
If you look hard enough you can find about a dozen of them 😂😂😂
I'll take another look and report back
I found no one and now I'm lost in the woods
Can the same thing that happened to samurai happen to robosats and bisq?
Good question they can go after the developers but its an open source app. People should be able to still use it to transact. It uses tor and you hold your own keys. They would have a much harder case on their hands but as current times have proven they do not care about the law. They care about control and dont give a shit about our Freedoms
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