I see good to know
Depends. Even though KYC matters less with Monero than other crypto...it still matters because even if they can't follow it there will still be a record attached to your PII that you bought X amount of Monero. And criminals/IRS may come knocking later. You're guilty until proven innocent in practice with criminals and taxmen.
I'm not saying not to use dfx or KYC methods, everyone can choose their own trade-offs, but just so you're aware if you're not.
SaberhagenTheNameless / Saberhagen The Nameless
npub14a6…z6rn
2024-06-10 14:29:09
in reply to nevent1q…jnxy
Author Public Key
npub14a6q6xvt4wuv0wpdpfr336e4fweldtu6np3ehpw55h83xuw2h2zsgyz6rnPublished at
2024-06-10 14:29:09Event JSON
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"pubkey": "af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85",
"created_at": 1718022549,
"kind": 1,
"tags": [
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"content": "I see good to know\n\nDepends. Even though KYC matters less with Monero than other crypto...it still matters because even if they can't follow it there will still be a record attached to your PII that you bought X amount of Monero. And criminals/IRS may come knocking later. You're guilty until proven innocent in practice with criminals and taxmen.\n\nI'm not saying not to use dfx or KYC methods, everyone can choose their own trade-offs, but just so you're aware if you're not.",
"sig": "629050615704176b76be9107669ea06f114d274ddcbe3656bd99ce66b018df1dfcf0d5c7f58511b3cafc4f4906c966e14e9def4576e6bb6aeeb49baed372f347"
}