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Is this a way to get small amounts of non-KYC bitcoin with your fiat ATM card?

Bitcoin Reddit

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Set up Strike or equivalent (hear me out…), going through their KYC hoops and move some fiat into your Strike (or equivalent) account, set up your own private, well-occulted onchain or lightning node and make yourself an invoice for some small amount, and pay your own invoice.

From the Strike perspective you are paying a merchant who accepts bitcoin, and aren’t recording that you own bitcoin, and you walk away with bitcoin.

You could say you bought coffee or some food somewhere.

What am I missing?

submitted by /u/cookmanager
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