Post
Topic
Board Bitcoin Discussion
Re: Isn’t KYC anti-ethical to Bitcoin?
by
topbitcoin
on 08/02/2022, 19:20:42 UTC
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.
Bitcoin ifself is anonymous, but centralized exchange are not. They need legalization to keep opened because there are a rules from their government. I think we user don't have much other options beside use decentralized exchange, or maybe P2P, so i think if people don't like to do KYC, they still can buy or sell their coins as long they use trustful decentralized exchanges.