Quote from: xenia4774 on October 15, 2018, 12:39:26 AM

Quote from: cyberspacemonkey on October 14, 2018, 08:47:02 AM

Quote from: dogtana on October 13, 2018, 04:26:06 PM

Quote from: boxalex on October 13, 2018, 10:14:55 AM

Quote from: cyberspacemonkey on October 13, 2018, 01:13:37 AM

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.

I just don't like how shady it was, it took everyone by surprise, I think it would've been better if they announced it before they started implementing it.

They did say they were going to do it ahead of time

True, they did. I was able to move the coins to paper wallet until I am ready to sell them. You just need to properly follow the project and you will know what you need to know. It is due dilligence to follow your investments anyway.