{"type":"rich","version":"1.0","title":"yd wrote","author_name":"yd (npub1at…078nh)","author_url":"https://nostr.now/npub1atrf0y4pw8tzrfx6cdqe7xrqae4runkrhvg0tdwwuwppjnemx3yqd078nh","provider_name":"njump","provider_url":"https://nostr.now","html":"Consider the following scenario:\n\nAs an average Joe, how am I supposed to manage my BTC?\n\n- My BTC are KYC'd because that's the easiest way to buy BTC\n- I never transact with it, just hodl \n- When I'll have to sell to fund a large purchase (a house, renovations, medical bills etc.), I'll have to deal with UTXOs, tax from the government, AML questions (risk for suspension) when trying to transfer a massive gain in fiat value to my bank account. \n\n/end scenario\n\nHow do I best explain how to mitigate the drawbacks of all of these points to an average Joe who wants to invest in BTC because he's getting shafted by the central bank?\n\n"}