Post
Topic
Board Economics
Re: Is Bitcoin losing its purpose?
by
Lubang Bawah
on 24/08/2021, 04:52:10 UTC
in my own opinion the usa is actually a free country in terms of individuals and they don't care about any individual rights of each person. but if the US government requires everyone to participate in KYC before participating in the cryptocurrency market, then they are actually implementing a greedy scheme to make profits for their government.


Binance has implemented KYC and this is the first step that crypto is no longer anonymous, I believe this will soon be followed by other exchanges, many countries see opportunities from crypto to monitor transactions and owners so I believe implementing KYC is pressure from the state.