Post
Topic
Board Service Discussion (Altcoins)
Re: Thoughts on Braver browser?
by
bitmover
on 26/06/2020, 20:24:18 UTC
I'm pretty sure earning through ads is removed on Braver. The KYC through withdrawing on Brave sure is counter-intuitive though. Why do you even need a cryptocurrency if you're just going to KYC anyway. Might as well just let people withdraw fiat.

Nice.

This is an interesting perspective which I never thought about. KYC makes BAT basically useless, as a FIAT withdrawal would be better.

Just as instant free transactions from centralized cryptocurrencies are a nonsense (if you don't carea bout decentralization, just use visa), BAT becomes worse than fiat when forcing KYC.

THey could argue "But BAT is worldwide and fiat is not. BAT would flatten currency relations worldwide". This is also false, as the amount of BAT received depends on your IP location. (https://finance.yahoo.com/news/brave-browser-expands-advertising-feature-170545030.html#:~:text=With%20the%20Brave%20v0.,earn%20BAT%20for%20viewing%20ads.)