Quote from: Yasya on April 08, 2019, 02:23:26 PM

Quote from: crzybilly on April 08, 2019, 02:02:19 PM

Great post! Hope this will help people to understand the basic definitions of crypto currencies. But I am really afraid that we would have too much regulations on crypto currencies market which aim was always anonymity.

Thank you

Yes, I agree the market tends to be regulated, which goes against the main principles of cryptocurrency

But what can we do, do we fold our arms and keep allowing innocent investors fall victims of these scammers or allow government to completely declare cryptocurrency illegal when laundering becomes too much ?

Yes, the system promised anonymity and like you see in the case of Binance, they are not completely imposing the KYC, that is why we are left with two options, not to get verified and have limit transactions and get verified to have unlimited transaction, and why should we even be so bothered about our identity if our hands are clean, only a criminal gets scared of being caught and in turn protects his or her identity.