Boston Wine @bostonwine - 2y
@RoboSats is great, with solid variety: Strike is most popular, but I have seen robots accept payment via CashApp, Zelle, PayPal, Venmo, Revolut, cash-in-person, and stablecoins. And that’s just for trades denominated in USD! Also the platform only runs over Tor and the Bitcoin moves over Lightning. So you get considerably better Bitcoin privacy. #nokyc #privacy #bitcoin #grownostr 😉 nostr:note1y5zv9l7emsmqjc92udux6pc385s275kcsaw9jxkg98dwfzfw2vgsw4dx42
Meant to tag you nostr:npub1p2psats79rypr8lpnl9t5qdekfp700x660qsgw284xvq4s09lqrqqk3m82
Strike knows that you sent dollars to another human. Another human knows that someone on strike sent them dollars. There’s no recorded association whatsoever with the Bitcoin transaction. That’s why it’s a no-KYC buy. It would take a coordinated and concentrated attack to “scheme” you into buying the no-KYC Bitcoin, which is completely legal to do in USA (currently), so there’s no reason there would be a sting on buyers. There have been stings on a seller who is evading taxes or operating as a money transmitter without a license (a ridiculous law but it’s a law). But the Bitcoin isn’t the “source” of KYC — it’s whatever fiat platform that seller gets paid on.
Homer Hodl @hhooddll - 2y
Thanks for the breakdown! The actor on the other end of the transaction being the risk.
Pretty low risk for the average pleb 🤙
