To my deep regret, almost all cryptocurrency users have now begun to get used to the fact that if cryptocurrency payments are used in some service that provides the service the user needs, for example, a crypto casino, it requires passing an identity check using the KYC procedure. This, in my opinion, is a completely wrong course of events in the crypto industry. Simply because cryptocurrency was invented to ensure anonymity and guarantee the authenticity and reliability of payment information. This is precisely the most important quality of the blockchain and Satoshi’s brilliant invention in general. But gradually, the authorities of different countries instructed cryptocurrency lovers to need KYC, although payments in cryptocurrency do not require such identification at all. This disgusting invention that you must provide your personal data significantly spoils the entire huge sector of anonymous payments in the financial world.
And “money laundering” is “bullshit” that the security forces of different countries came up with in order to make their lives easier and catch only those who have money instead of catching those who actually have tons of cocaine or tons of weapons. Law enforcement agencies simply easily catch such criminals, and this probably makes it easy for them to report on their effective work.
In short, the anonymity of payments should be preserved, and cryptocurrency lovers should, as much as possible, ignore the use of services with mandatory KYC.
And prefer services that do not require KYC. In the long run, this would benefit all of humanity, I think.
Exactly I think the same, things are like that, since I can remember with respect to crypto, I have always seen people's comments and wow they are just like us Legends who have a lot of time in the forum, in experiences, and well I have seen Commenters who say this, that the KYC was done to prevent money Launderers, and wow, I say to myself now, isn't it known that the Largest money laundering is not done with crypto, but with other things? This is something that cannot be done, personally I am a person who has Always been in the middle of these things, and I live Next to a country where drug trafficking is rampant and the people are in businesses that, ugh, are shady and One sees that and knows that the biggest money launderers prefer to do it with fiat money, and it is nothing but that it reaches the north and Europe, things work like that, there is no other way, so when we look for a way to do it like that different things because basically things turn out well and they turn out like this, so I am from a world where I see and have seen things that almost no one has seen, well I say no, it is not with cryptio that they do money laundering.
But how does one let them know that these things are not like that? Where I live, people who are like that are told to insult them, you read them: "They lack street" and that is something that we must see clearly, so when we are looking for ways to make ourselves more anonymous, people usually look for the biggest excuses for things not to happen, privacy will always be something that neither governments nor banking entities like, that's the point that they don't like it because obviously there is no control so as I have always said , we do not honor Satoshi, who invented bitcoin to decentralize us and move away from the traditional economy that always makes slaves, with bitcoin we are free, but still many like to feel controlled, when with caisnso we must be even more Free .
Of course, when you play in a casino and do not provide your personal information to the casino, you feel much more freedom and independence from this game.
But many cryptocurrency owners have now become obedient slaves of the system and, without even thinking much about it, send their confidential personal data anywhere as soon as they are asked. Although, in this case, the casino often violates one of the principles of disseminating personal data, which is that a person should not provide an excessive amount of personal information. A shall limit this information to only what is necessary to provide the relevant Service. Many people simply don’t know about this and don’t even realize that they often don’t even have to send photographs of their faces or scans of documents. And the requirement to provide such data is generally illegal.
But, I repeat, unfortunately, the owners of cryptocurrencies have come to terms with KYC and even already consider it something to fight crime and guarantee the return of their funds. But I believe that this is not so and I try to never provide KYC.