Well KYC/AML regulations killed widespread use of their services. That is just the way these regulations are built to decrease "crime" and hiding places for terrorists.
They also offer huge opportunities for governments to intrude on public privacy. We demand less crime and we demand safety, but we also demand privacy... where do we compromise the most?
Use the other alternatives and live with the risks and pay the premium, if privacy is important to you.
They also offer huge opportunities for governments to intrude on public privacy. We demand less crime and we demand safety, but we also demand privacy... where do we compromise the most?
Use the other alternatives and live with the risks and pay the premium, if privacy is important to you.
I call bullshit on that presumption. This isn't about crime and fraud...the feds don't even put this much heat on cash deals or tracking them down. This is just bleeding out bitcoin and getting up in peoples' business...and no doubt to steal bitcoins like they did in these big busts. They're not cracking down on crime - they are the criminals.
I hope the ones out there with the skills are actively working on real solutions so we don't even need shit like coinbase and circle or any exchange and we can buy, sell, trade more p2p like it was intended.