Well I just experienced yet another reason why #btc > #gold
Looking to diversify my holdings, I bought a gold bar about a year ago at a local coin shop. Cash transaction, no ID required. "Wow" I thought. "Nice and private that was nice."
Went to the same shop to sell it back. "Ill need your license...and I need to snap your picture and scan your fingerprint." What?!? "Why?" County bill of sale law.
I tried again in nearby, more conservative county: "yup its the law" Which law? "I dunno"
So basically shotgun #KYC'd.
Roach motel.
ETT
npub1ns…e64lj
2024-07-02 00:01:40
Author Public Key
npub1nse5f9xavv07uhsqxvpwpr2l4n7n938yw6azxg5ucu95h8kd9mgsce64ljPublished at
2024-07-02 00:01:40Event JSON
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"content": "Well I just experienced yet another reason why #btc \u003e #gold\n\nLooking to diversify my holdings, I bought a gold bar about a year ago at a local coin shop. Cash transaction, no ID required. \"Wow\" I thought. \"Nice and private that was nice.\"\n\nWent to the same shop to sell it back. \"Ill need your license...and I need to snap your picture and scan your fingerprint.\" What?!? \"Why?\" County bill of sale law.\n\nI tried again in nearby, more conservative county: \"yup its the law\" Which law? \"I dunno\"\n\nSo basically shotgun #KYC'd. \n\nRoach motel.\n\n",
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