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2023-07-07 16:37:09

jake on Nostr: Hey y’all, help me understand something. If me and my friend have KYC sats, can’t ...

Hey y’all, help me understand something. If me and my friend have KYC sats, can’t we just clear the KYC by selling to each other for USD? Like I buy 0.1 BTC from him for USD, and he does the same to me. To fresh wallets. And pay whatever capital gains or loss taxes, obviously. But at that point, the privately purchased sats are KYC free, no?
Author Public Key
npub10q7n6zjvw9dgtfpqv6uhtjfn6jmfxrycr3nc5qsdcst5wh9e94xq0ysenv