kyc'd to the hilt on coinbase and such. i started with them in 2013 and while i knew about the whole pseudonymous thing but now with modern chain analysis man they can do some serious guesswork. i like that most of my coins are mainly from pool payouts, and all properly claimed on my taxes.
im sure i raised flags at the bank. i mean ive gone out of my way trigger flags, might as well flaunt it. and did get a call, specifically asking about coinbase, from my banks due diligence office. she mainly wanted to know what i used it for (investment none of your business) and do i send anything out of the country (no none of your business). thats was about it. coinbase and that particular bank account had been linked for like 8 years.
im sure i raised flags at the bank. i mean ive gone out of my way trigger flags, might as well flaunt it. and did get a call, specifically asking about coinbase, from my banks due diligence office. she mainly wanted to know what i used it for (
FTFY.
It should not need to be said that I am not giving advice here. However...
The primary reason why I avoid “KYC” is that I will not answer these questions. On principle. Not to save money—privacy has been absurdly expensive for me! I have lost a lot of money in Bitcoin and especially, in privacy coins. Bitcoin’s rise in value may offset that.
And I could not answer some of these questions. For fully legitimate purposes, I have made transactions with cypherpunks whose locations are as unknown to me as my location is unknown to them: Essentially cash transactions with people who could be in the same city as I am, or on the other side of the world. Do I send anything out of the country? I honestly don’t know, and it is none of my business.
And if you ever send me money, then you will never again be able to answer such questions, either. My homeland is terra nullius—that is all you need to know.
Surely interesting points, and I hope that you are not overdoing matters. I probably have communicated with you about this matter previously, but in my thinkening there can be some advantages (and even practicality, me thinks) in having a foot in both worlds, and I would hope that you would have something like that going on, as well...
I don't necessarily need to know your personal circumstances, just advocating a wee bit towards the idea of having feeties in both worlds, assuming that yous got's ur lil selfie two feets, #nohomo, and even if you do not got's two feets, I presume many udder peeps do.
