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RE: Basic privacy and anonymity tips
Addition.
Never send ID to an exchange, because they are contract bound to inform of your crypto involvement to the so called authorities, where your name goes on a list, so that you are interrogated and searched for bitcoin hardware EVERY time you have an interaction with some terrorist or other masquerading as a ward of the state, customs agents, poolice troughicers, TAX MAN , you get the idea...
Yep, that's the main issue of crypto. Most of us has no way to buy it with fiat, without compromising their identity, that's why bounty programs and airdrops is not a bad idea.
What i have been forced to do, is to invest in GPU's to mine alts and auto convert to bitcoin. Its a pain in the rear but in 6 months time i should have my investment back in bitcoin, and still own hardware that i could sell for 50% ish of current value or continue mining if still profitable.
It is far from ideal, but you do not need to hand over ID to buy GPU's, nor do you have to hand over ID to your electricity company.
Problems are going to arise when i come to needing to cash out, but if the worst comes to the worst, there is always a way. :D
Hope no one will need to cash out. Maybe we'll just be able to spend our crypto.
Let's hope for a better future ;)
I remain hopeful that the incorrect application of KYC is outlawed, but the powers that be have an agenda in play. So i am kitting out my back alley, complete with carpets and couches. If they want to push us into the under world, who am i to obstruct them...