Post
Topic
Board Announcements (Altcoins)
Re: [ANN] EDC Blockchain - global platform with its own cryptocurrency
by
Nasbacyar
on 31/08/2019, 08:10:03 UTC
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The idea is certainly good and not new. But how do you imagine doing this?
This is basically not possible!
Why not? Governments put pressure on exchange management.
And it comes. Some exchanges are starting to demand KYC from their users. Even a decentralized IDEX exchange recently required users to make KYC.

OK, I will go through the KYC procedure, and what will happen to my anonymity? All data about the user will be known, and anonymity is something that is very appreciated.