Post
Topic
Board Bitcoin Discussion
Re: Satoshi Nakamoto White Paper
by
apogio
on 19/02/2024, 07:08:15 UTC
If you or others are using centralized exchanges providing the KYC, don't you think they are using it in the wrong way? What is your argument against my statement? Would you like to elaborate more about it?

I agree in general with your statement. Playing devil's advocate though, since I have been there, when someone first starts learning about bitcoin, they may not be very knowleageable in terms of privacy. So, I 'll speak for myself here, saying that, at first, I knew I had to take my coins off of exchanges, so I did. But, the mistake was made... I bought some coins through CEXs because I wanted to buy bitcoin as soon as I learnt about it. I was fascinated by it. Then, I joined the forum and I started going deep down the privacy rabbit hole. This is where I decided to stop using CEXs. But, I mean, mistakes can happen. The point is, we should fix them.