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.
That is because you are trying to use third-party services that the government already watched and want to know who their customer is. If you do not deal with any of that third parties or keep your bitcoin in your wallet or use DEX or use a third party that does not need KYC, you do not have to send any document of yours to them. But as many of us use our bitcoin to make more money from the exchange or buy something from the online or offline store, that makes us fill KYC and follow the rules. I do not mind doing KYC but I will search for third-party services with good reputations so I do not have to worry about the worst thing that can come anytime.