I noticed how every exchange now enforces KYC on every individual that registers on their site, also the global governments/exchanges tracking bitcoin users and monitoring how they spend their bitcoins with the advanced visuals tools that’s out there, I believe if this stays like this and more and more companies start to enforce kyc on it customers, we will lose our freedom, people think bitcoin is the freedom but no it’s aint I believe it’s the most invasive surveillance mechanism ever, we can’t even use mixers anymore it’s basically doesn’t work because at the end of the day it’ll leave a trace no matter what you do, this is heading towards a solitary environmental and it’s not a good idea at all. Lets think twice and focus on our freedom, privacy and future.
This just means that we need to go back to the roots of bitcoin if you want to retain your privacy, you can either have privacy for convenience you cannot have both, centralized exchanges offer convenience and you get access to a market in which billions of dollars are moving every day but if you want to access it then you need to accept that know your customer policies are going to be there.
If you want to retain your privacy then you need to use peer to peer trades and you need to be willing to sacrifice time and effort to make those trades but you will get your privacy back and that is invaluable.