Post
Topic
Board Project Development
Re: mtgox requires physical identification
by
Etlase2
on 26/10/2011, 08:27:43 UTC
In a way of the biggest bitcoin exchange "mtgox requires physical identification"...while one of the main points of Bitcoin is total privacy :-/

You guys need to get over this. Seriously. If you want to transact with real world cash, you are going to have to follow real world rules. And one of the main points of Bitcoin is not total privacy, it is pseudo-anonymity. There is a difference, and it's fairly big.

Mt.Gox may have been far from perfect in handling this situation, but it is a growing pain of a totally new economy. It will become easier to convert BTC/USD/other in the future if Bitcoin increases in popularity. You gotta roll with the punches for now and allow Mt.Gox to work better at streamlining this process so other people in the future can benefit from those growing pains.