Post
Topic
Board Altcoin Discussion
Re: Regulations or Anonymity
by
gwaposakon
on 26/01/2019, 15:16:44 UTC
These two have been topics of debates for quite some time. Some want Anonymity, while others want Regulation. Either of these two will work best for us.
It will get to a time that we just have to choose between Regulations and Anonymity.

In my opinion:
If blockchain  is redesigned without privacy, everything will work fine. Full KYC will make scams impossible.
What is your take on this?

The idea of blockchain and cryptocurrency is to allow users to transact with complete anonymity. A decentralized system where there is no middle entity that would control transactions. But lately, a lot of scam projects have been happening that regulation was called upon to institute control and protect investors. If this is a means to eliminate scams, I don't mind regulations but not to the extent that identity would also be compromised