Quote from: Herlina on June 19, 2018, 05:53:55 AM

Quote from: seantcm on June 19, 2018, 03:18:34 AM

Hi guys, I had this thinking out of a sudden when I see all exchanges and services surround cryptocurrencies asking for KYC documents!

I started to relate this to Satoshi Nagamoto and the inception of Bitcoin. The reason why Bitcoin is unstoppable, apart from its Blockchain Fundamental, another biggest reason would be that Satoshi Nagamoto is anonymous. Had he exposed himself at the early inception days of Bitcoin, the government/authority from all over the world, including the Rothchilds Familys, Dragon Fund and the sort would hunt him down and make Bitcoin a stillbirth.

So had any services and exchanges provider remain anonymous rather than exposing their company and their team just to please the public (avoid being called a scam), we would have a better Crypto Space now!

Whats your thought on this? Do you support the future Exchanges and Serivce Providers to be anonymous? And why?

You can not equate Bitcoin with centralized services
Bitcoin is a decentralized currency, decentralized currency is not controlled by company or foundation and this factor makes Bitcoin not easily killed by regulation
Crypto exchanges requesting KYC verification is a centralized service, complying with regulations is a must for centralized services, if they don't comply with regulations then the exchange service can be killed

Quote from: seantcm on June 19, 2018, 03:18:34 AM

Whats your thought on this? Do you support the future Exchanges and Serivce Providers to be anonymous? And why?

Yeah you have made it right that I cant equate Bitcoin with Centralized services.

I don't support centralized services with anonymous companies because it's dangerous if there is a problem with the service, customers will find it difficult to sue the anonymous team

What about anonymous companies with Decentralized Platform, like Peer - to - Peer exchange where moneys doesnt kept by the company, buyers and sellers deal directly with each other and the Exchange provide Escrow services? I see these as a good fit to the future of crypto moving forward. All the Centralized service are gonna face hard time with the ever changing rules and regulations, as well as pressure on its operating countries which could make Peer to Peer anonymous companies go way faster and grow bigger without restrictions