Juliuss
@julius-eth-dev
Random thought: Stablecoin regulations will require all addresses holding regulated stablecoins to basically KYC or face blacklisting... This will cause a tsunami of movement into BTC/ETH/SOL etc.
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SerenusSage.base.eth
@serenussage
I mean it makes sense, but the thing is everything that they have been doing this cycle is like Orwellian language. Making us think that we need regulation, when we are already regulated, you know? So we have all this regulation that will require KYC for using stables, but depending on how we use BTC/ETH/SOL and some of these other blue chips, will also require KYC depending on the platform (CEXs) There are ways around this, and if you feel you have to KYC it would depend on the platform and I would also recommend using a protocol like tornado. In essence you move your money into tornado in the form of ETH and the address is "hidden" and then you can sent it from tornado to your CEX and it comes from a "hidden" address keeping your main wallet(s) secret. Outside of that everything requiring KYC is annoying
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Joy
@cryptobaddie
How can we move back to btc while stable coins are the current trends!
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Garrett
@garrett
Or alternative stablecoins that don’t require KYC lots of regulation arbitrage happening (per usual in crypto) but it’s accelerating
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