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.
Bitcoin has been always transparent in its terms, regulations, privacy, and freedom it offers to the community. We all know that bitcoin has a decentralize nature.
It's really up to you if you'll transact with centralized organization and abide with the rules it has set. There are cryptocurrency exhange rates that requires KYC (Know Your Customer), which needs to get some of your information and put an eye on you if you trade.
These exchangers that requires KYC provides better protection for its users if ever there are issues that are needed to be addressed. Although you're not really obligated to use a KYC exchange. That's up for your personal preference. There are still exchangers that do not use KYC and you can opt to use those if you dont want your identity to be disclosed if ever hacking happens.
At the end, it's a personal decision whether to use KYC exhangers or non-KYC exchangers and be responsible of the pros and cons as a trader.