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.
There's no decentralized exchange where we can settle things like buying or selling instantly. We need to start from scratch and that's what centralized exchanges do. KYC will now be a part of our crypto journey since in the first place, using them gives convenience to us users.
It's still better to just comply instead with these exchanges terms instead of using non-popular exchanges where the chance of getting scammed or being treated unprofessionally has a high chance.