Quote from: GideonGono on November 19, 2019, 09:10:50 AM

Quote from: Newchanka on November 18, 2019, 07:30:04 PM

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 its 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 thats why at some situations, KYC is important. Though you can always choose not to and thats the beauty of Bitcoin. You can always choose how much information will you share to others.

I agree with you @GideonGono. A lot is happening now inside crypto, there are improvements for the technology and for users. hacking is also prevalent. we can't take any action if no superior handle it. without that rules everyone is still deceiving other crypto users. we know that there is always a cheating happening. but in this way the number involved and the victim decreases. so kyc really helps all of us. we do not have to worry about the consequences, because we know blockchain is transparent they can't fool us.