Post
Topic
Board Exchanges
Re: BITSTAMP insane KYC questions
by
RoommateAgreement
on 16/06/2017, 12:53:19 UTC
Lol. They are destroying the concept of bitcoin. Mainly people use bitcoin to be anonymous and I think is enough for them that the user hands them the selfie and address of their home just to get verified. Now this , that is crazy. I would have done the same and be done with them.

that is a strange thing to say, don't you think.
bitstamp or any services that are offering service for bitcoin are not representing bitcoin, they are what the name suggests: a third party service. and people who are using bitstamp are not ONLY using bitcoin, they are also using FIAT and when you use fiat you have to follow certain rules, which are called Anti Money Laundering and Know Your Customer.