Recent content by cats

The problem is predicting what they would consider as proper documentation given the fact that you didn't buy them on binance or on any usual exchanges.

Yeah so what are you supposed to do? All you have is presenting an audit and hoping they don't screw you up for trying to come upfront, keyword hope, because that sounds like a gamble to me. So what in the world do they want?

What is the use of amlbot nowadays if they have nerfed it? Also is this a free to use service or you have to pay? If you have to dox yourself to pay it basically removes the purpose of getting an initial screening and once the coins are safe then you get a doxed audit in order to do banking, but...

What software does amlbot use? is it exactly chainalysis? There's a section called "Analysis" on their website and they have different categories. Red, yellow and green. So as it stands, looks like your entire wallet may be yellow by default. Unless you have basically withdrawed them from...

Yeah, I guess there are different ways to obtain these audits directly or through a third party, my question is, what happens to you, the owner of the coins, if you happen to be holding tainted coins? Imagine someone gave you a payment years ago, which wasn't worth much, but it did a 100x, so...

What do you mean? You cannot pay for anything with BTC, at least anything relevant. And even if you could, since you don't know the source of your funds, and the person or service you pays to will probably end up sending it in an exchange, you could be in trouble. This is the problem with BTC...

Suppose you are an EU resident and have BTC from +10 years ago. Value is enough that you could retire but without being on the Swiss private banking league (you would need another 2x or so to have better margin). Coins are obviously of legal origin but you have no KYC buy tickets from regular...

Well even if it was impossible to attach a premium or a discount to a particular address, you would still have the problem of SOF once you try to cash out. Also it would only make things more complex, for instance Monero would be what you call fungible, which got delisted in most exchanges.

Haven't heard these names in years. Should bring vietnam flashbacks for anyone that has been here for a minute. Many lost some money there. In your case, is probably more complex as the one I described when it comes to cash transactions. In the case I described, I can at least point to some...

I know some accountants and lawyers that have some experience with crypto cases, however, they will not tell you anything about going into another country, and they will not help with getting a SOF that's successful within exchange/bank/gov. I explained the SOF story on the initial post, the...

Yeah, those are options I mentioned: 1) NFT: It's not clear to me how this would turn out in practice. I would need to hear first hand experiences. Indeed, one would need to be careful with utxos and so on. I am not familiar with this technology and consider anything but Bitcoin dodgy and...

Greetings, im looking for some help in this hypothetical scenario: -You get involved in BTC 10 years ago and got paid in BTC for what's basically affiliate marketing/advertising of sorts. For instance, you wear a signature here on this forum for some service (a casino, an altcoin project, a...