Quote from: joniboini on June 02, 2020, 02:23:53 AM

Quote from: Kemarit on June 02, 2020, 01:50:37 AM

And ten years after, Bitcoin is at the heel of government, they are now enforcing exchanges for KYC and anything that can identify us.

The network itself is still quite good for privacy to some extent. It is impossible to expect the government would allow any asset or any exchange to accept users without any KYC, they're doing some business and need to hold some responsibility. The AML thing and so on is almost guaranteed to be mandatory when you use a centralized service. So, the solution would be don't use them. It's your call.

I agree, privacy and anonymity are broken when people convert Bitcoin to cash. It is true that the network itself is quite good with privacy with the help of TOR. Whether it is a centralized or decentralized exchange, once the transaction goes out of the Bitcoin Network (Bitcoin to Cash) this privacy thing is nullified. Though they say there are ways to Cash out Bitcoin anonymously through Local Bitcoins, Withdraw using Cash or buy it gift cards. But the question is, are they really 100% true? ATM have surveillance camera, users need to register to Local Bitcoin and I read KYC is needed for that exchange now, and Coinbase? Lol, that is one of the reasons why a torrent site owner was arrested. Stated in this article Coinbase Helps FBI Shut Down KickAssTorrents

Quote from: https://news.bitcoin.com/coinbase-helps-fbi-shut-kickasstorrents/

An interesting part of the story, which may concern Bitcoin supporters, is the fact that the San Francisco-based exchange Coinbase helped federal agents. In 2012, KAT started accepting Bitcoin donations, and U.S. officials say records received from Coinbase revealed the Bitcoin donation address was maintained by the exchanges services. The Coinbase account was registered to Artem Vaulin located in Kharkiv, Ukraine. The affidavit reports that $72,767 USD in bitcoin had entered the owner’s donation wallet.

And Bitcoin is never been fully anonymous, whoever believes that Bitcoin is, I think he needs to go back to basic knowledge about BTC.

Quote from: DooMAD on Today at 02:14:26 PM

Quote from: hv_ on Today at 01:56:04 PM

I disagree. It could be banned.

A "ban" could be put in place, but it's unlikely to be an effective ban. Unless you're getting your coins mixed up again, maybe? Usage of BSV would be comparatively easier to restrict by a government than usage of BTC. BSV has fewer nodes, limited infrastructure, weak decentralisation, etc. Not to mention the so-called leadership's stance on regulatory compliance. You'll put your hands up and surrender when you're told to.

Exchanges can be ban but the Bitcoin network can't be banned. Just like torrent sites.