Long live Bitcoin. Against chain surveillance and mass KYC. bitcoin-intro.com/ - bitcoin-only.com - bitcoinprivacy.guide -

Not China
Joined March 2020
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How an executive order 6102 on #bitcoin could potentially materialize in a futuristic dark scenario IMO: 1. Non-KYC exchanges/ATMs service providers rendered illegal in all jurisdictions 2. Exchanges not authorized to withdraw in favor of unhosted/unregistered wallets 1/
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Kind reminder
1/ Chain surveillance firms are starting to lobby regulators and exchanges for "real-time monitoring" as an industry standard, meaning actions could be taken by an exchange solely based on your transactional behavior post-withdrawal. Luckily, there are tools to fight back.
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Why Privacy Matters
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UTXOxo retweeted
This passive aggressive comment is the statement? LOL Users, know this--Samourai have purposefully tested major KYC exchanges with direct postmix utxos for months now. Never a flag anywhere. If you're hellbent on asking permission to use #bitcoin, at least don't ask these guys.
What did we miss? 👀 Bottlepay is a regulated business, focused on taking #bitcoin powered payments mainstream. We're operating within the framework as it currently stands, whilst constantly trying to bring positive change to it.
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Very good point from SW here. The decision on how to approach the shit that chain surveillance tools feeds the compliance officers is taken by the exchange as part of its risk-based approach. Every exchange on this planet could literally all have a different approach.
That isn't necessarily true in practice. CA can "recommend" all they want but if businesses (CA clients) follow this advice without a hop based approach, they will find they have hardly any customers Your mistake is buying into their webinar sales pitch. Real world is different
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Boycotting those who discriminate is the way to go. Not depositing onto KYC for those who have other options, even better.
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Many people here still seem to be unaware of this but the number of hops post CoinJoin doesn’t matter, chain surveillance will provide indicators on the latest known origin of funds. Just don’t deposit bitcoin on KYC exchanges, the way it’s supposed to be. Just don’t.
A short story about chain surveillance firms and hops considerations: "last known entity" is the new standard, the golden data point. @maxtannahill @6102bitcoin @BitcoinQ_A
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The market is only right if it’s a free market.
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2021 will probably be the year during which getting bitcoin out of exchanges becomes increasingly difficult. Your keys, your node, your rules.
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The German government is planning a new law to make it mandatory to register bitcoin transactions over 1000€.
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Oh, so the AML shit show never really applied to the wealthiest? That’s ok, tell me more on how I upload my ID, selfie, utility bill and KYC form on that website to get 20$ worth of bitcoin.
Advocates are pushing Biden's administration on a host of anti-money-laundering reforms including: expanding client due diligence rules to cover hedge funds, private equity, lawyers & accountants; criminalizing the demand side of foreign bribery; and more. bit.ly/3dyWeen
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UTXOxo retweeted
1/ Yes, bull runs are fun, but a rising price also highlights the importance of keeping your financial life private. In this article, @matt_odell and I highlight some of the privacy best practices in #Bitcoin. swanbitcoin.com/bitcoin-priv…
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The path to victory is uncertain, the end result is not. Good luck betting against bitcoiners.
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A 🧵 you cannot afford to miss.
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UTXOxo retweeted
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Seeing so many new people running @getumbrel is the most bullish signal ever. Beautiful to witness.
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Winning is switching from local currency to global money.
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Imagine not being in charge of your own wealth. Imagine still trusting central banks. Imagine being a click away from being canceled. Imagine still not being properly informed on Bitcoin in 2021. Some people will live a life full of regrets and that was their own decision.
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