utxo the webmaster 🧑💻 on Nostr: The reason why no KYC is so important is because even if you self custody, you can ...
The reason why no KYC is so important is because even if you self custody, you can still be compelled to give up the keys. They have more than a $5 wrench.
If this wasn't true then governments wouldn't hold so much bitcoin
But they can't compel what they don't know about
Published at
2026-07-15 15:35:19 CESTEvent JSON
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"pubkey": "e2ccf7cf20403f3f2a4a55b328f0de3be38558a7d5f33632fdaaefc726c1c8eb",
"created_at": 1784122519,
"kind": 1,
"tags": [
[
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"content": "The reason why no KYC is so important is because even if you self custody, you can still be compelled to give up the keys. They have more than a $5 wrench.\n\nIf this wasn't true then governments wouldn't hold so much bitcoin \n\nBut they can't compel what they don't know about",
"sig": "62d5f62fdb4b63231f610775133d14aeedbbba43d9e182371051b23a9680d973cea621c03f62db63851f38e251b074b16a3d61a7daa34252740de244ed6c979c"
}
