the implementation of the KYC system is actually aimed at the positive side and the security of the members.
How is risking your identity being stolen and becoming liable for thousands of dollars in loans and credit you didn't take out or having your identity used for money laundering in any way good for your security?
when choosing a large exchange you don't need to hesitate to do KYC there because your privacy is definitely maintained and security for your assets can be optimal
Lol. This couldn't be more wrong. Every large exchange has had both customer information and customer assets stolen, hacked, leaked, or sold. You have zero privacy and zero security with a centralized exchange, regardless of how large they are.
at some part this is for our own safety so engage in kyc or leave crypto that's all you have to decide right?
It is absolutely not for you own safety, and you have been brainwashed if you truly believe that. It is clearly for government surveillance purposes and centralized exchanges comply so they can continue to exist and make profits. Imagine telling people to leave crypto for trying to use it
for what it was designed - peer to peer without any intermediaries.
