I noticed how every exchange now enforces KYC on every individual that registers on their site, also the global governments/exchanges tracking bitcoin users and monitoring how they spend their bitcoins with the advanced visuals tools that’s out there, I believe if this stays like this and more and more companies start to enforce kyc on it customers, we will lose our freedom, people think bitcoin is the freedom but no it’s aint I believe it’s the most invasive surveillance mechanism ever, we can’t even use mixers anymore it’s basically doesn’t work because at the end of the day it’ll leave a trace no matter what you do, this is heading towards a solitary environmental and it’s not a good idea at all. Lets think twice and focus on our freedom, privacy and future.
KYC has nothing to do with freedom.ID verification is required when you use any fiat financial service(opening a bank account,forex trading account,using services like Paypal or Skrill,etc.)
Why the crypto exchange platforms should be different?They are considered to be financial services as well,so they have to abide by the same rules as fiat financial services.
The people,who are whining that they can't use mixers and complaining about KYC have something to hide from the authorities.
Exactly! If anyone has nothing to hide in authority ,should not be afraid of taking kyc and abiding the rules implemented by some exchanges in digital world which is the same rules as fiat financial services. If the Government will impose taxes one day ,then we have nothing to do but to follow.
It's not about "got nothing to hide" type thing, it's about being exposed, and never know who that KYC data might get in hands of who.