Post
Topic
Board Bitcoin Discussion
Re: The Cypherpunk Manifesto - We all should read it
by
bitmover
on 15/06/2020, 01:55:35 UTC
But my question is, are we beginning to lose this?
 First there is KYC as most of the exchanges and important service sites have become required to activate KYC and this completely corrupts privacy,
 Second, exchanges have recently become refusing to deposit bitcoin mixture !!!
 Third, there are some large institutions that have acquired a lot of important services and sites in Crypto (Binance, for example). This puts all of these things in the
 hands of one organization and this is close to centralization.

All of these things corrupts privacy and decentralization and make this beautiful dream an illusion on the ground !!
For example, I am from a banned country. Most exchanges prohibit me because I am from this country !!! Where is privacy and decentralization here??!! Is this freedom that I was dreaming??!!

All of yours complaints are related to third party services,  specially exchanges.

Those service providers have nothing to do with bitcoin protocol. Exchanges kyc doesn't affect bitcoin fundamentals neither its network.

You don't need exchanges to use bitcoins. Bitcoins doesn't need exchanges to survive.