Why Nostr? What is Njump?
2024-03-13 14:19:08
in reply to

Uxellodunum on Nostr: Pretty much. Revolut becomes the weakest link in the chain, but for them you're just ...

Pretty much.

Revolut becomes the weakest link in the chain, but for them you're just sending money to someone, somewhere, for some reason (don't include anything to do with BTC in the reference (I usually include the order's last digits so both I and the receiver can identify that order).

Nowadays, with global e-commerce in the form of eBay, Etsy, etc, it's almost impossible to say "that person sent money because of BTC". You'd already have to be targetted with ongoing investigation at such a point - However, if you don't use that option, the seller can indeed be a very weak link because on the other end they may gave a KYC-esque ledger themselves that keeps track of who they're "supposedly" trading with.

Either way, you gain a higher degree of plausible deniability at the very least.

Also recommend RoboSats and Bisq (have done hundreds of trades across), and Peach Bitcoin (if you're in the EU).
Author Public Key
npub14un6d98pa48kleqjjqfe5jqekxpdcwd7lkwc2hm3s2z4gmd60j8sstgg48