What do you consider the major tradeoffs between buying kyc and non-kyc #bitcoin?
I feel everyone should have at least some non-kyc btc in their stack, for insurance. Nonetheless, the premium for non-kyc btc can be quite high in developing countries and I think the tradeoff there is that your future self will simply be poorer, but you'll have better privacy. If a government is highly incompetent, like in third world countries, is the risk of government over reach still similar/close as in the USA? Would individual thieves that hack exchanges go after a large segment of the people in developing countries? Would multisig, passphrases, atomic swaps, coinjoins make a difference to mitigate risks?
Earning in bitcoin would be the best alternative but that's out of reach for most people, most of us still have to purchase it with dirty #fiat.
#asknostr #asktr
Dr. Fernando Morales
npub1dd…fuvr6
2024-04-26 19:19:53
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2024-04-26 19:19:53Event JSON
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