Post
Topic
Board Economics
Re: Is KYC benefit to crypto people or not
by
Blue_oxen
on 07/12/2019, 14:47:57 UTC
Is KYC is benefit to crypto people or not. what are the advantages and disadvantages of doing KYC.

Universal money and Anonymous is the biggest strength of btc BTC, now every country follows KYC and then it can be controlled by someone.


Now KYC is trend in crypto market..... Cheesy
Our benefits are a few dollars to use in a day but the disadvantages are unpredictable. Now that it is the age of information technology, they desperately need our information to do things like marketing, promotion and some shady actions at Deepweb. Since I knew the dangers of giving out arbitrary personal information, I have not used my true identity ever since. Often they will sell their information instead of using it for legitimate purposes.