Present and Future of Bitcoin [2026]

Too early to celebrate 100k again?? :joy:

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My KYC-free labled UTXOs are just 8% of the total holdings. (Those I’m pretty sure have no traces to a credit card, KYC, IPs etc.)

I’d like to increase that to at least 25%.

How would you do that? Any practical experiences? Whirlpools, via L2s?

(For new ones I’ll try vexl, hodlhodl and orangepillapp)

Hmm, what do you mean exactly by this and how to verify what is KYC-labelled? A link would suffice.

I labled them ā€œKYC freeā€ in Sparrow. It’s just locally. I cannot verify it now, but at the time I was sure it was ā€œcleanā€ (e.g. BTC ATMs or some defi swapping long time ago).

L2: swap them into Lightning with RoboSats (or Boltz), then swap out again.

But the harder part is explaining where your KYC coins went (with documentation), if you don’t want to tell anyone about the non-KYC coins. The ā€œboating accidentā€ story will not suffice in most scenarios.

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I’ll declare them as usual :sweat_smile:. Nobody asked me for an address so far… just the total (and resonable change from year to year).

If you’ll be declaring everything, what’s the advantage of non-KYC coins? Like, who do not want to know they’re your coins? A bank or exchange? An unknown third party?

Because it will be harder to go the other way later. If you want to sell non-KYC coins on a regulated exchange, you can’t just claim they were always yours, you may have to prove provenance.

That’s why 25% and not all. Maybe the time will come that having KYC free coins will be an advantage. Just in case…

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Yes. It’s on my list, but in connection with liquid and sending out to Aqua wallet. But I think it doesn’t matter if Liquid or Lightning, maybe fee wise.

Boltz does up to 0.25 BTC in one junk, for 0.5% fee

RoboSats has varying limits and fees, but around the same usually.

Both work reliably in my experience. Test with small amounts first, then increase, per usual :wink:

coinos.io works fine as well, but is custodial, and I wouldn’t abuse it for huge amounts.

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Many thanks. I didn’t know about coinos.io.
0.25 BTC would be too big for my gusto… I suppose blitz hasn’t any liquidity issues, but anyway. I’d go with varying 0.01 - 0.1 chunks. I have time.

Hm, there must be a way to buy freshly mined BTC with … BTC. Maybe one of the mining as a service platforms? Should be straightforward to check that they are, in fact, new coins.

You can also use Wasabi wallet, which does repeated coinjoin transactions, the UX is quite simple.

Since it does repeated L1 transactions, the fees can add up (you can set limits, of course).

Works fine in low-fee times.

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not bad idea… I know some miners.

Does wasabi support sub 1 sat fees? That would be now a days a cheap solution. I’ll have to check…

edit. no more…

any tips where to store the history? Whether it’s for taxes or selling (haven’t thought of that one), I guess it’s a nice to have.

(I understand @stojano is looking for the exact opposite)

your wallet should have all the history…

Mmh, I mean the path from bank account / fiat, to some exchange, to some crypto, to some other crypto, to some other wallet. If that’s the final destination, I only have last hop there.

Edit: that’s what I would expect if I get asked.

It still works AFAIK, but the fee is determined by the CoinJoin coordinator:

They don’t ship with a preconfigured coordinator anymore, to get around the US restrictions. You manually enter a non-US coordinator now, and it’s like before.

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You are right. I have there deliberately ā€œMut zur Lückeā€ :smiley:.
But I have on all my wallets and all my transactions managed by Sparrow the lables ā€œfrom Krakenā€ or ā€œfrom Relaiā€ etc. So probably, I can somehow reconstruct it.