Post
Topic
Board Bitcoin Discussion
Re: Chinese Central Bank Requiring Extreme Customer Verifications at Exchanges
by
Amph
on 22/03/2017, 07:44:20 UTC
i see no point in this really, how they are going to know that someone is not telling the true, it's easy to say the false, for the question "how you obtained your bitcoin"

other question are just destroying their privacy, like why they are withdrawing , which again can be false

https://news.bitcoin.com/chinese-central-bank-requiring-extreme-customer-verifications-at-exchanges/
I mean, let's face it, no one is going to be able to provide docs that in depth. Bitcoin is supposed to be anonymous and we all know that people use bitcoin for all sorts of questionable things, and what the People's bank of China did is definitely going to cut into the trading volume huobi and BTC china has established in the past.

bitcoin will never be anonymous, as long as you use an exchange, to be truly anonymous you need to use a decentralized exchange or buy stuff with bitcoin without going through fiat

it's not for a reason that soem people buy coins here, this forum can act as a decentralized exchange