Ungovernable Misfits cover image

Hash privately and store sats securely with BQA & Lili

Ungovernable Misfits

00:00

Bitcoin Mining Is the Best Way to Prevent KYC Risk

The mining pool knows every address that they're paying out belongs to the same person and again we've covered that they may or may not know exactly who you are. You can't get away from that everybody else that has access to mempool.space or similar can also see that information as well so you're exposing that address is owned by the same person instead of it being for one entityyou're showing the whole Bitcoin networkYeah I'm with him I completely agree like that's the best way to manage this and it's worth dealing with because you're getting those private sets and it's easier to deal with that versus dealing with the tax nightmare that is KYC yeah.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app