Traders decreasing from where? How can that happen because of KYC.
I dint think so, It is just based on assumption that we think KYC is decreasing the number of users day by day, who caress about KYC from a system that is given one money, is just like me looking for a job now and they ask for KYC, do you think I would reject it, no I wont do that, I will only ensure that the job is a genuine one.
Some months back, I could hear the sound of many people crying out loud for regulation, if cryptocurrency was to be regulated, do you know that one of the most in the regulation would be KYC, so I really dont see why we should have issue with it. KYC is something that is beyond our control and there is no amounts of negativity we speak about it that will change it from being required because it is a government own policy.