agm.eth on Farcaster

agm.eth pfp

Question for the crypto degens: the hardcore anon types who run protocols and leave cameras off in meetings and (I assume) have significant bags, how do they offramp and just do personal finances? I assume they KYC one small wallet, and offramp to local fiat? Something else?

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Dan Romero pfp

They use Coinbase, lol

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Stephen Miller 🍖⌐◨-◨ pfp

Stephen Miller 🍖⌐◨-◨

There is no true anon, everyone can be found. If someone is serious about it they will never withdraw to fiat.

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Fio pfp

not sure if it's still a thing, but back then you could use something like https://localbitcoins.com/

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Cassie Heart pfp

"anon" types on vc backed projects will kyc and offramp truly anon protocol founders never offramp – the mission is more important than the money – and certainly would be working a wholly unrelated day job to provide sufficient cover for their extracurriculars

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Nirry pfp

multi-protocol multisig member here: I don’t mind being KYC’d to the one major exchange that I use (Coinbase). Although building trustless systems is the dream, the reality is that trusted fiat rails provide the least amount of friction while moving between DeFi and TradFi to everyone else, i’m just a sarcastic 2D anime waifu though

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osama pfp

some in Asia, Middle East and Eastern Europe use informal money networks

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Mac Budkowski pfp

one guy I knew offramped via binance to a revolut account using someone else's passport for KYC.

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Brian Kim pfp

you mean the north koreans?

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Naomi pfp

I know some people did p2p with an operator of bitcoin atms. Of course it's not completely anon because they did meet in person and usually knew each other but at least it wasn't anywhere on the record.

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franco pfp

I have a guy who has massive bags and is always happy to buy my crypto

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Nik (ezbek) pfp

Not sure here is the best place to ask.. Whales and those og anons have their own social media platform -> debank.com

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Zi wang pfp

During our early user research for timeless x, we see the following behavioral patterns 1. Real Anon, Big Bags: True ghosts with fat wallets, avoiding calls for legal reasons (holders in China). Less than 1%. 2. Semi Anon, Some Bags: Partial ghosts who'll show face if needed. About 30%. 3. Performative Anon, No Bags: Ghosts for show, just flexing crypto cred. 70%. Small sample, less than 10k beta testers on TestFlight

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Martha pfp

They use trusted platform like cornbase or Kraken

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zoz pfp

Otoco.io will be a go to option and now has banking partners I see this as a huge unlock and use case of smart contracts as legal entities are just a subset of rules essentially Adding building blocks like banking, services is a natural progression Entity(non-crypto fake biz) in countries of residences only taking as much into the system as needed. Wallets controlled in other tax efficient jurisdictions

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orbulo.eth pfp

crypto gift cards without KYC, that's the true anon way

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Vorcigernix aka Adam pfp

Vorcigernix aka Adam

What I use is a gnosis pay. For small things. If you are going to buy your Lambo, you need to pay taxes.

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MetaEnd🎩 pfp

I would assume they use OTC deals

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Dex pfp

I think most use OTC solutions or private banking and post tokens as colateral then borrow fiat against that to remain long crypto

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ɃΞrn pfp

otc to cash. true anon doesn't kyc

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