Oddbean new post about login | logout Not if I follow their steps. I can lie and accomplish this though. BullBitcoin does not allow no kyc.
KYC laws demand identification for verification. By allowing you to buy (and self custody) the sats without verification, Bullbitcoin is absolutely enabling KYC-free sats to be stacked.
BullBitcoin has KYC records of those who purchase. Dont say its KYC free. Thats all.
Show me where they've verified your address before they give you your sats and I'll agree. https://image.nostr.build/1f1cd589ef9132cdb9085a63f5b2becee05a24183e59db305e876b346954c92b.jpg
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Verified your identity* I meant to say
You know youre asking for something I cant show you. Ask BullBitcoin
You can't show me - which even a customer could do, you don't need to ask Bullbitcoin - because they don't verify your identity before allowing you to complete your transactions without KYC
Show you what?
You tell me, that was your choice of words not mine. https://image.nostr.build/dea2aaca9dcf4a769c25459a8bfec8eeeba660b79ba5ed2b32d6bb8f1f41e4f7.jpg
KYC not just implies but demands customer identity verification. By allowing you to stack your sats without verifying the identity you've provided, they absolutely are enabling you to stack KYC-free sats.
KYC is not asking to know your customer. They ask for real name and email. Regardless if you can lie about this doesnt change the fact they ask for KYC.
Bro you sound like someone who clicks "I am under 18" and then complains you can't get on a website to view porn. It's self-reported and no verification is forced. I'm not sure what more you want them to do. Violate the law/get shut down/be unable to offer KYC-free sats? Is that what you'd prefer?
Youre half right. Lol
The half that you'd like to see Bullbitcoin shut down and plebs unable to stack KYC-free BTC?
No i would like people to understand faking info is not the same as no KYC. Otherwise facebook, x, etc are all kyc free.
There's a significant difference though. Lie about your identity on Zucks platforms and you may get away with it for a while but when they demand verification you'll lose your entire account with all its posts, comments, and reactions along with it. Same thing happens on Bull? You've lost nothing, because you already have self custody of the sats. What you're complaining about is the government regulations, when what you should be doing is praising Bull for offering a practical workaround that allows you to bypass the verification requirements.
Wrong. I just want honesty. How hard is that?
Show me where anyone's been dishonest?
"Bullbitcoin is kyc free" All over nostr
Show me where BullBitcoin or BTC sessions said that? BullBitcoin offers the ability to stack sats without KYC. Nobody who knows what they're talking about would say BullBitcoin is "KYC free"
Would you say if it says you have to be 18 that is the same as it saying any age can view?
I care less about what "it says" than what it allows. Call me crazy but the ability to stack KYC-free sats is more important than whether or not I was asked a question - that I'm free to lie about - in order to stack those KYC-free sats.
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I just want people to stop lying lmao.
Where's the lie though? They're providing you the opportunity to KYC-free sats. Where does this contradict anything BB or BTC sessions has said?
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I might be able to swindle them and lie. They require KYC.
KYC is the process of identity VERIFICATION. Which they do not require in order to complete transactions. Notice where it doesn't say KYC is the process of ASKING for an unverified identity. KYC is the process of VERIFYING the identity. https://image.nostr.build/e98e35bc0f783f595c5c7622da066fc1e0b07d780a2a784133669f5488485522.jpg
Know your customer is all it is. Not some legal verifiable system. Asking to kbow who i am is a no no
Feel free not to use their service then. But for most Canadians this is by far the best way available to stack KYC-free sats.
I do use their service. I love it. I will not accept that they dont require kyc though. Can you lie? Yup. Understand the difference. Truth wins.
Sounds like you should find a better service then. What's that? You still use them? Guess you couldn't find a better option. So what are you even complaining about
I am about the truth. Why cant i love a service but realize people are misrepresenting how it works? See things differently.
Well then why not be honest yourself and state that they "request but don't require" KYC?
And they won't know who you are if you don't tell them. But saying KYC is just "knowing your customer" is absolutely a false statement. While the acronym KYC stands for those three words, there is an enormous legal framework in place that people are referencing when they say KYC.
I never mentioned this legal framework. Only the term KYC. Know your customer. Asking any personal info like name and email is kyc.
The term itself REFERS to the legal framework. Companies aren't implementing KYC because they want to, they're implementing it because they're forced to follow the regulations by government agents. There is no "KYC" without the regulations. Pretending they don't have anything to do with our discussion is the most dishonesty I've seen so far on this topic.
Hey. I hear you. Regardless, BullBitcoin asks for KYC. This is my message to others.
BullBitcoin ASKS for - but doesn't REQUIRE - KYC should be the accurate message. Otherwise you're as wrong as the people who say BB is "KYC free"
They say no kyc required. Yet ask for it. 😅 https://image.nostr.build/be2d9d0c9ac74b89124cfb6ec7c58eedcc06a94e2ef2ddcfd84a8f9ca2e8f84d.jpg
Ask and require are two totally different things. Police can ASK for your ID at any time, but they can only REQUIRE it under specific circumstances. Do you not realize the difference?
Real name and email are required though.
Incorrect. *A* name is required. Are you suggesting that Starbucks is KYC because they ask for - and don't verify - a name in order to get your coffee ?
Look over this image. KYC period. https://image.nostr.build/be2d9d0c9ac74b89124cfb6ec7c58eedcc06a94e2ef2ddcfd84a8f9ca2e8f84d.jpg
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Yeah I've seen it every time you repost it. Like the "over 18" self-reporting, there is no verification - which means a real name is NOT required, despite whatever it says there.
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Were not talking about verification. This is about the asking or requiring of KYC. NOKYC🚫
We're definitely talking about verification, because without verification, they don't "know their customer" Logic fail
Would you go around promoting facebook as a KYC free social media, just because you can fib on the info?
