Why Nostr? What is Njump?
2023-10-23 17:27:37
in reply to

Marinatin on Nostr: Yeah..so banks or MSBs will actually file what’s called SAR for transactions over ...

Yeah..so banks or MSBs will actually file what’s called SAR for transactions over the $2k threshold and if there are multiple transactions under $10k or repetitive cash withdrawals then it gets especially gets flagged. So there isn’t a way to move any significant amount of capital without getting tagged n bagged. I’ve worked in CC Acquiring and Treasury Mgt stuff for a decade. It’s super gross. I guess one could buy a pile of KYC gold and do a peer to peer transaction because I doubt they’d try to EO6102 again, as it wouldnt solve the monetary situation post petro dollar and civil war will break out in this climate. Still, that doesn’t solve the problem of how to use your non KYC BTC in a way that wont be easily hunted down n killed. It seems the only way is to have a side pot, align with a trusted custodian, keep earning fiat, and homestead.…while waiting out the bolshevik banking cartel’s demise and the BTC phoenix arises from the ashes. It will happen but could take a decade. It sure would be nice not to have to move to a friendly jurisdiction and invest in foreign assets in order repatriate earnings for operating dough back to the US. Most don’t have a fat enough stack to be able to execute on such a strategy so they’ll be neutralized and all that meme-ing will have been for nothing. So who is going to create the foreign asset instrument mechanism to save the masses and keep em in the game? Young ? Uncle ? Daddy ? Queen ?
Author Public Key
npub1yzgn6aywvjac00kzktrlnkn22nd2ka9ts0h72gjf3pupxk8vzueq7ykry5