I think Kyc goes against some of the reasons why bitcoin and cryptocurrencies were created, if you have a small balance you can just do level 1 kyc and withdraw.
IF every cryptocurrency should be as bitcoin than there is no need to have other cryptocurrencies at all. People that want to have a have a copy of bitcoin should
just stay with Bitcoin, easy and simply as that.
I personally like different approaches by different crypto currencies. If someone isn't fine with KYC than indeed currencies like Monero and an exchange like tradeorgre are
a better fit. And for people like me, that don't have problems with KYC and aim for a mass adoption currency are fine with ETN, again easy and simple as that.
I have to agree with this. While I won't do KYC before I am ready to cash out, a lot of people took this as really great news, feel more comfortable with it like everything is clean and in turn with regulations.