Post
Topic
Board Bitcoin Discussion
Re: WHY VERIFICATION IS IMPORTANT TO CRYPTO USERS AND INVESTORS
by
suzanne5223
on 04/12/2023, 23:34:26 UTC
Just as we have many misconceptions about so much verification process that we feel may compromise our financial privacy I think it's cool we see some of the benefits of having to verify so we can balance our understanding and know how and why it's important we do these verification while we're careful too when doing it.
I think you don't get the point about the actual reason why most people in the cryptocurrency space never like the idea of KYC verification and it's we never understand the advantages but people are concerned about the disadvantages.
If the government cannot do something about the Big Brother tech company that's abusing the people's private information and also making billions every year through it there's no guarantee they will with ID verification information collected.