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Bitcoin Forum > Economy > Marketplace > Service Discussion > Exchanges > Attention! KYC data sold on the Dark Web! Proofs!
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79b79aa8d5047da6d3XX
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July 17, 2019, 12:08:45 AM
 #21
This is really bad. KYC on crypto stands against everything that crypto currency and decentralization stands for. Many people joined crypto because they thought they can have an anonymous transactions but KYC is now putting all that away
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July 17, 2019, 10:17:06 AM
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Quote from: 79b79aa8d5047da6d3XX on July 17, 2019, 12:08:45 AM
This is really bad. KYC on crypto stands against everything that crypto currency and decentralization stands for. Many people joined crypto because they thought they can have an anonymous transactions but KYC is now putting all that away

Not all crypto stands against KYC, in fact, some of them require a bit of KYC to function properly, such as EOS or any other highly centralized blockchain which requires 2/3 validators to agree on something.

Well, but some of us won't call them a crypto though.
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