Absolutly. Things like coinjoin only give you forward looking privacy if your coming from a KYC exchange.
KYC is a permanent record of buying BTC. The price you pay for "cheaper" bitcoin is giving your identity over to potentially adversarial actors.
If bitcoin really is freedom money and if we really are out here to subvert the FIAT system there might be a point where your door will be knocked on by government goons because you bought Bitcoin on a regulated exchange where you handed over your personal information.
Everyone has their own risk tollerence but Im here assuming that things will get worse before it gets better.
Enki
npub1gn…merrq
2023-09-08 19:31:24
in reply to nevent1q…9qzl
Author Public Key
npub1gnwpctdec0aa00hfy4lvadftu08ccs9677mr73h9ddv2zvw8fu9smmerrqPublished at
2023-09-08 19:31:24Event JSON
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"pubkey": "44dc1c2db9c3fbd7bee9257eceb52be3cf8c40baf7b63f46e56b58a131c74f0b",
"created_at": 1694201484,
"kind": 1,
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"content": "Absolutly. Things like coinjoin only give you forward looking privacy if your coming from a KYC exchange. \n\nKYC is a permanent record of buying BTC. The price you pay for \"cheaper\" bitcoin is giving your identity over to potentially adversarial actors. \n\n If bitcoin really is freedom money and if we really are out here to subvert the FIAT system there might be a point where your door will be knocked on by government goons because you bought Bitcoin on a regulated exchange where you handed over your personal information. \n\nEveryone has their own risk tollerence but Im here assuming that things will get worse before it gets better. ",
"sig": "975f1691be05b23c1a05b0f0fbbfb610349d5c81f94659f60576a5a4baf0efa1cf7c5ab0d27199d390e43604d7d99bd175ed2e331e71892646cb3e6430b2600b"
}