Quote from: mindrust on June 28, 2017, 02:21:32 PM

Quote from: RodeoX on June 28, 2017, 02:11:15 PM

If your concern is about an exchange working with the government by insisting on KYC/AML rules, then I suggest you consider what it would be like to work with criminals. Any exchange that does not follow the law is a criminal operation and you will be sending your bitcoin to criminals. Maybe they are good, honest criminals with a heart of gold. Roll Eyes

More likely they are going to just keep your money and leave you with absolutely no legal recourse. The police are not going to help you, the courts are not going to help you, you are done.
And for what? You could have made out with your free and clear profits.

Wtf dude...

Bitcoin is there to stand against the government regulations because the governments are the biggest criminal organisations there are.

You have no idea what you are trading and what you are buying and what you are even talking about.

If you want to be regulated so badly just stay with FIAT. Governments and Banks will take care of you so well Grin

I don't like to be regulated but that doesn't mean I am stupid as I already told above that I don't trust any exchanges at all.

You don't have to turn everything into a pointless political debate.

Governments don't just do absolutely everything wrong because they feel like it. Even the most corrupt governments have a lot of regulations that make sense as well.

You'll find that almost all exchanges for more regulated markets (e.g. Forex), are dramatically safer than the less regulated cryptocurrency exchanges. Ideally, P2P trading would be what we use, but there aren't any simple online P2P exchanges with decent liquidity and you often have to rely on escrow. I would just use Bitstamp, personally.

Quote from: RodeoX

More likely they are going to just keep your money and leave you with absolutely no legal recourse.

When you trade on other exchanges, you don't have to deal with criminals directly. You use escrows such as the LocalBitcoins escrow. This is not entirely safe, but for the short time you require to do the trade it's pretty safe.