Post
Topic
Board Bitcoin Discussion
Re: Isn’t KYC anti-ethical to Bitcoin?
by
JohnBitCo
on 10/12/2021, 08:27:55 UTC
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.

Yes Bitcoin was designed keep in focs the decentralized and anonymity factor in mind, but die to the government rules and regulations, we can only purchase crypto after kyc on the p2p sites. The sites are boumd to perform the kyc because they think itsa away to prevent money laundering.