Comment on Itch.io is delisting NSFW games due to pressure from payment processors

• hisao@ani.social ⁨2⁩ ⁨days⁩ ago

  Crypto goes somewhere that they don’t like? Crypto is seized when it reaches an exchange and they ask for ID and source of funds

  I don’t understand. Lets say I have a normal bank card, I paid taxes for all the money I got there. Sometimes I buy crypto using p2p on some platform using this card. I trade this crypto with some other crypto on the same platform. Periodically I send crypto to my personal wallet from there. From my personal wallet I buy porn games for example. At which point someone comes in and seizes anything?

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  • ipitco@lemmybefree.net ⁨2⁩ ⁨days⁩ ago

    They would not, but you would not be anonymous this way. You get problems when:

    • The crypto you received is through a shady source (it could be any individual which pays you with dirty coins)
    • You engaged in pro-privacy activity, which links you with illegal activity, like coin mixers to blur the origin and destination of crypto
    • You received more crypto than you bought

    Some countries straight up force you to declare every transaction you make with crypto, which isn’t doable for most people and puts them in illegality

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    • hisao@ani.social ⁨2⁩ ⁨days⁩ ago

      You don’t have to send crypto directly to websites. You can send it to your external wallet (outside of any platform), and spend from there. And no one’s ever going to be able to prove that wallet belongs to you.

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      • ipitco@lemmybefree.net ⁨2⁩ ⁨days⁩ ago

        It’s basically the same as directly sending

        The exchange will know what you spend crypto on

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