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The crypto crackdown is here. 🚨
Not tomorrow, not 10 years from now. Right now!
We had it easy for too long, but now we have to get into hard work mode.
Here's a quick guide on how to get ready for the "then they fight you" stage of crypto's growth to mass adoption.📖
1/12
Not tomorrow, not 10 years from now. Right now!
We had it easy for too long, but now we have to get into hard work mode.
Here's a quick guide on how to get ready for the "then they fight you" stage of crypto's growth to mass adoption.📖
1/12
BIG DISCLAIMER! ⚠️
Legal and moral can be two very different things.
But I'm never going to tell you to do anything illegal.
Agorism and civil disobedience are great freedom tools, but YOU and YOU ALONE are responsible for the risks they carry.
Be smart!
2/12
Legal and moral can be two very different things.
But I'm never going to tell you to do anything illegal.
Agorism and civil disobedience are great freedom tools, but YOU and YOU ALONE are responsible for the risks they carry.
Be smart!
2/12
To quickly recap recent developments:
-The SEC has gone after a lot of major crypto exchanges
-FinCEN is trying to make using privacy techniques illegal
-Bitcoin is moving towards custodial/KYC-only
It's getting harder to have financial sovereignty with crypto.
3/12
-The SEC has gone after a lot of major crypto exchanges
-FinCEN is trying to make using privacy techniques illegal
-Bitcoin is moving towards custodial/KYC-only
It's getting harder to have financial sovereignty with crypto.
3/12
First, GET YOUR COINS OFF EXCHANGES before the exits close! 🫵
If you can, EXCLUSIVELY use decentralized exchanges like @THORChain/ @Maya_Protocol/ @KomodoPlatform/ @BasicSwapDEX etc.
Learn about self-custody, so you don't lose your money accidentally. It takes practice!
4/12
If you can, EXCLUSIVELY use decentralized exchanges like @THORChain/ @Maya_Protocol/ @KomodoPlatform/ @BasicSwapDEX etc.
Learn about self-custody, so you don't lose your money accidentally. It takes practice!
4/12
Next, banish KYC from your life.
Where at all possible, anywhere you get asked for your ID, don't do that.
The more ways you can use your crypto without presenting your government ID, the better!
If you need KYC services, use crypto you acquired from KYC exchanges first.
5/12
Where at all possible, anywhere you get asked for your ID, don't do that.
The more ways you can use your crypto without presenting your government ID, the better!
If you need KYC services, use crypto you acquired from KYC exchanges first.
5/12
Then you need a crypto income.
Job, side hustle, yard sales, even paying for dinner with friends, whatever.
Ask to receive crypto. Give a discount.
If they're willing, but don't know how to get some, show them!
Get the p2p economy going 🤝
6/12
Job, side hustle, yard sales, even paying for dinner with friends, whatever.
Ask to receive crypto. Give a discount.
If they're willing, but don't know how to get some, show them!
Get the p2p economy going 🤝
6/12
Generally, stay away from slow, expensive, poorly-integrated coins.
You want to be able to use them when you need them.
The harder it is to make use of your money in a pinch, the more likely you will be to rely on centralized services!
Instant, cheap, liquid, useful.
7/12
You want to be able to use them when you need them.
The harder it is to make use of your money in a pinch, the more likely you will be to rely on centralized services!
Instant, cheap, liquid, useful.
7/12
Next: privacy. 🕵️
Don't mix KYC'd coins with anon coins.
Use privacy functionality (CoinJoin/ MimbleWimble/ Monero/ Zcash shielded/ @RAILGUN_Project for ETH etc.).
Run over Tor or I2P.
Lock down your devices. They ARE spying on you, all the time! 🔎
8/12
Don't mix KYC'd coins with anon coins.
Use privacy functionality (CoinJoin/ MimbleWimble/ Monero/ Zcash shielded/ @RAILGUN_Project for ETH etc.).
Run over Tor or I2P.
Lock down your devices. They ARE spying on you, all the time! 🔎
8/12
That last one takes a lot of work, but it's crucial.
Devour every bit of content @naomibrockwell puts out.
Learn from it, implement it.
Don't get overwhelmed. Do what you can!
Even just a VPN and using @signalapp is way better than nothing.
9/12
Devour every bit of content @naomibrockwell puts out.
Learn from it, implement it.
Don't get overwhelmed. Do what you can!
Even just a VPN and using @signalapp is way better than nothing.
9/12
The MOST IMPORTANT part is that you don't give up!
Just accepting that government controls everything in our lives is antithetical to all of crypto.
Do NOT just accept complete surveillance and financial control.
Speak out against it at every chance you get!
10/12
Just accepting that government controls everything in our lives is antithetical to all of crypto.
Do NOT just accept complete surveillance and financial control.
Speak out against it at every chance you get!
10/12
People are in constant, ongoing negotiation with their government over how much tyranny they'll accept.
Encryption, cannabis, firearms ownership, all have been banned in some way over the past century.
WE. WILL. WIN!
Let @AaluxxMyth hype you up:
11/12
Encryption, cannabis, firearms ownership, all have been banned in some way over the past century.
WE. WILL. WIN!
Let @AaluxxMyth hype you up:
11/12
https://twitter.com/DigitalCashNet/status/1727000237791908036
It's all up to you.
The rights, freedom, and prosperity you and your children enjoy tomorrow depends on what you do today.
Your crypto is your financial freedom. It's priceless. Don't give it up!
Get ready for a bumpy few years.
But we'll reach the other side of it! 🫡
12/12
The rights, freedom, and prosperity you and your children enjoy tomorrow depends on what you do today.
Your crypto is your financial freedom. It's priceless. Don't give it up!
Get ready for a bumpy few years.
But we'll reach the other side of it! 🫡
12/12
@threadreaderapp unroll please!
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