When i first heard about bitcoin, one of the selling points then was the pseudo anonymity. But as of recently, it is hard to purchase any crypto without encountering a form of KYC.
I’m just curious of everyone’s thought on this.
To remain anonymous is only possible if people will not convert Bitcoin to Fiat. All things change when Fiat is already involved since it was already covered by the law. Since Bitcoin is a cryptocurrency, Businesses that accepting it needs to abide the AML policy to all there customer just have there business permit to operate. The idea of being anonymous Bitcoin is only within the Bitcoin blockchain itself and not on the outside market.