RE: KYC and AML are Good - Yum

You are viewing a single comment's thread from:

KYC and AML are Good - Yum

in bitcoin •  6 years ago 

it is true for centralized exchanges, yes. It's true when you move all your funds to first Monero wallet (the exchange will keep this record). After that, you just send all your funds to another Monero wallet and this transaction cannot be traced. Nobody will know the sum or the wallet you've sent your funds to. That's privacy.
You can avoid the KYC - buy monero at localbitcoins!

bitcoin
6 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.03
  • Past Payouts $0.03
  • - Author $0.02
  • - Curators $0.01
1 vote
3
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  • Trending
    • [-]
      ·  6 years ago 

    Dear @coinatory

    Thank you for your kind comment. Appreciate.

    It's true when you move all your funds to first Monero wallet (the exchange will keep this record).

    And so will authorities. Right? I bet that everyone who will be purchasing privacy coins will be right away "on the radar".

    And being on the radar of your tax office / goverment is not what privacy is about :)

    Yours
    Piotr

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      [-]
        ·  6 years ago 

      localbitcoins is the website to avoid taxes ;)

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.03
      • Past Payouts $0.03
      • - Author $0.03
      • - Curators $0.01
      1 vote
      [-]
        ·  6 years ago 

      Thank you for being so responsive @coinatory

      Hope you will have a great week ahead,
      Piotr

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00
        1 vote