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.
Technically, yes.
But since people have no choice, in most cases, we rely on a third-party service to either buy or sell our cryptos. Somehow, for these businesses to run a legit service, they need to comply with the government's policy and KYC is one of the mandated terms they need to ask their users.
We still have P2P or DEXes out there however, it's no doubt that purchasing crypto in a centralized platform is the most convenient way*.