Post
Topic
Board Service Announcements
Re: ⭐️ HyperDAO ⭐️ 🔥 Decentralized Financial Services Ecosystem 🔥
by
HyperDAO Official
on 07/01/2020, 17:56:31 UTC
Would you require a KYC? I believe that KYC is somehow a form of censorship. Many of us not living in the Western countries really find great difficulties when we try to access the Western financial system. The KFC automatically creates an impeding web of censorship among the people (specially non Westerns) that need the most scape the unfairness of centralization and the conditions and restrictions imposed by our governments. After all the intention of BTC originally was to be decentralized and stay as far away as possible of the oversight of governments.
This is a complex question that requires some consideration in order for us to give an answer. We know and understand that the conditions of the current financial system are no ideal for many people not living in Western countries. Nonetheless there are some regulations every project is required to follow in order to be able to operate given the circumstances. If you have read our paper you will probably know that we are trying to include as many individuals from non-Western countries as possible. Our vision is that a fair financial system has to empower those that need it the most, especially those that lack the advantages and privileges given by granted by most westerners. Keep an eye on our project because we will definitely try to reach a solution regarding this matter.