Post
Topic
Board Bitcoin Discussion
Re: Will You Circumvent KYC if You Can?
by
GideonGono
on 19/11/2019, 09:10:50 UTC
I detest government influence on Bitcoin. Initially, I thought it was anonymous means of transfer of value that I could use to do business with people all over the world PRIVATELY and perhaps no one would know what I'm doing, especially my corrupt politicians. But what we have today is Bitcoin that is increasingly becoming another central bank. Would you find a way around KYC is you could? https://www.cryptoinfowatch.com/privacy-conscious-bitcoin-traders-use-bisq-to-avoid-kyc/
Sometimes it’s good that the government is getting involved in the cryptoworld since it simply means that it is getting popular and new regulations are made in order to gave order and proper punishment to those who are abusing the cryptocurrencies since some use it to take advantage of other people that’s why at some situations, KYC is important. Though you can always choose not to and that’s the beauty of Bitcoin. You can always choose how much information will you share to others.