I am thinking one can break a #Bitcoin KYC trail if they sell BTC for physical cash in-person.
Theres no bank record, theres no evidence of what price you accepted, and its not obvious that its even been sold.
Ideally you'd do this with a friend or acquaintance with lots of cash, such as a business owner.
For example, zero people report their capital gains on their cash sales at a flea market.
Nate
npub1du…7uv5t
2024-07-17 19:09:52
Author Public Key
npub1dukh7q9f2hv6anwyevuw7ru797n43hcpp960zed7f5t8pw6mk4msx7uv5tPublished at
2024-07-17 19:09:52Event JSON
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"content": "I am thinking one can break a #Bitcoin KYC trail if they sell BTC for physical cash in-person.\n\nTheres no bank record, theres no evidence of what price you accepted, and its not obvious that its even been sold.\n\nIdeally you'd do this with a friend or acquaintance with lots of cash, such as a business owner.\n\nFor example, zero people report their capital gains on their cash sales at a flea market.",
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