Post
Topic
Board Trading Discussion
Re: Why exactly is it that people don't like identifying themselves (KYC)?
by
Sihab76
on 17/12/2021, 23:06:29 UTC
I get that it goes against the fundamentals of crypto currency, but exactly for what reasons though? Assuming you're not using it for anything illegal (if you are then it's understandable), why the concern? I'm asking specifically when trading.
People don't like KYC process because sometimes people avoid governments taxes . If they participate with KYC process , it obviously have documentation though they can't avoid governments taxes.