This is also part of a misunderstanding of people's discussions, as we clearly state that face-to-face trading is not a safe option for some people living in crime-ridden areas, and conversely, some people prefer to use exchanges as a place to transact. If you were more discerning, perhaps we never mentioned exchanges as a safe place to store assets, but rather, we were discussing a place to conduct transactions. This is another fallacy that may not follow the previous discussion, and you simply say exchanges are not a safe place to store assets, but we didn't discuss that?
Your post clearly states that face to face trades don't provide safety guarantees
which creates an implication that this is the case with a CEX. Neither for transacting nor for storing things does a CEX provide any guarantees. A CEX could go bankrupt the moment you deposit something on it. Many have suffered this issue in the past. Therefore, you are creating FUD about face to face trades using a baseless argument. Furthermore, since a CEX has financial data and your KYC -- once it gets hacked then you are fully exposed to thousands or hundreds of thousands of bad individuals around the world. This is
not the case with a face to face trade, where your exposure is very limited to a single individual or group of individuals.
This is also completely misplaced in responding to other people's discussions because you're trying to explain something we haven't discussed. I also mentioned that the decision is ultimately up to each individual, and not everyone has to follow me or you. The title clearly states "bitcoin provides self-custody, not anonymity." Are we talking about asset security for CEX users specifically? Isn't that broader for face-to-face affiliated trading and CEX users?
No. It is fine to respond to any sub discussion as long as it is relevant to the original topic. Practically every single person that said something bad about peer-to-peer trades is mistaken, and I am here to highlight that. Anonymity is given in a face-to-face trade and not in a CEX trade. You are exchanging your actual personal data, for your face which someone will forget in a week.
Furthermore, the other party does not know whether you are the owner of the funds or you are just a carrier of the money. It is clear that none of you have any idea how P2P works in reality or how large OTC deals are settled this way.
Because of that you should stop talking about these things until you gain some practical experience about these subjects.
Perhaps you yourself also use an exchange to conduct a series of transactions, but because you act as if you want to maintain privacy, you don't reveal it. I am not that hypocritical and have also used the exchange for a series of transactions, but I have never stored assets on the exchange. That it means?
No. I have never and will never do any KYC. I have never had a CEX account and I will never have one. I exclusively deal with peer to peer, which is why I know what I am talking about and other users are talking bullshit about things that they don't understand.
There are still possible ways to spend bitcoin without revealing your identity which is by using decentralized wallets and trying to make all your payments and transactions through crypto and secondly, if you need to sell, there are people who are ready to risk their identity and maybe you can deal with those people as well and this two guides, can help you stay anonymous while using your bitcoin.
Using a "decentralized wallet" does not help if you funded it from a place where you used your identity. All someone needs to connect the dots is access to 1 database of information.
