Will You Circumvent KYC if You Can?

[avikz]

I detest government influence on Bitcoin. Initially, I thought it was anonymous means of transfer of value that I could use to do business with people all over the world PRIVATELY and perhaps no one would know what I'm doing, especially my corrupt politicians. But what we have today is Bitcoin that is increasingly becoming another central bank. Would you find a way around KYC is you could? https://www.cryptoinfowatch.com/privacy-conscious-bitcoin-traders-use-bisq-to-avoid-kyc/

Firstly my question to you is that, why you want to run such a business that you want no one to know? I have seen this kind of attitude in my local marijuana seller who wants to keep his business within a very private group of people!

I would try to circumvent kyc only if I am willing to run an illegal business. Othersie, it makes no sense to hide it from the society!

[NeuroticFish]

There are way too many websites asking for name, address, e-mail just to grow their databases to sell it or at least spam later on.
If there are no funds involved, I will most probably use fake data, from X X to some random name.
But where funds are involved I either put real data, either leave. And that's because for whatever reasons I can lose money if it's not my name there.

[alisonwonder]

there are so many kyc systems in crypto nowadays, even some airdrops must use kyc, but if the value of the prize is great I will do that.
at first I did not like the kyc system, but after I thought this kyc was quite useful for a time when we lost money. because there is a lot of fraud out there.

[bitvalak]

I detest government influence on Bitcoin. Initially, I thought it was anonymous means of transfer of value that I could use to do business with people all over the world PRIVATELY and perhaps no one would know what I'm doing, especially my corrupt politicians. But what we have today is Bitcoin that is increasingly becoming another central bank. Would you find a way around KYC is you could? https://www.cryptoinfowatch.com/privacy-conscious-bitcoin-traders-use-bisq-to-avoid-kyc/

KYC is needed if you lose control of your own account, not to centralize. Centralization occurs when you have a certain amount then you are asked to pay taxes for it.

[CryptoBry]

I detest government influence on Bitcoin. Initially, I thought it was anonymous means of transfer of value that I could use to do business with people all over the world PRIVATELY and perhaps no one would know what I'm doing, especially my corrupt politicians. But what we have today is Bitcoin that is increasingly becoming another central bank. Would you find a way around KYC is you could?

Let it be cleared that it is not Bitcoin that is getting to be like a central bank but the many services and platforms somehow or one way or another connected with it or using it. Now, I think that the only we can get away from the KYC is if we are doing P2P but that is not the case these days because we still prefer third party platforms whom we feel offer more convenience and other benefits. In other words, if we don't like to do KYC with a site then we just don't use it, am sure nobody can force us if we refuse. On the hand, there is nothing we can do if a certain provider is not going to exempt us from their KYC and will not allow us to continue to enjoy the said platform.

[Free1bitco.in]

I detest government influence on Bitcoin. Initially, I thought it was anonymous means of transfer of value that I could use to do business with people all over the world PRIVATELY and perhaps no one would know what I'm doing, especially my corrupt politicians. But what we have today is Bitcoin that is increasingly becoming another central bank. Would you find a way around KYC is you could? https://www.cryptoinfowatch.com/privacy-conscious-bitcoin-traders-use-bisq-to-avoid-kyc/

Firstly my question to you is that, why you want to run such a business that you want no one to know? I have seen this kind of attitude in my local marijuana seller who wants to keep his business within a very private group of people!

I would try to circumvent kyc only if I am willing to run an illegal business. Othersie, it makes no sense to hide it from the society!

I also thought about this. KYC implementation is good enough for a project to follow government regulations, and until now, I have no problem with that. however, some people want to be seen anonymously, and don't want to be seen on the internet. in addition, some news such as data sales also become an issue that makes people afraid to do KYC.

[btc_angela]

Would you find a way around KYC is you could? https://www.cryptoinfowatch.com/privacy-conscious-bitcoin-traders-use-bisq-to-avoid-kyc/

Why not? We don't want to exposed our personal data just to be able to withdraw our bitcoin to fiat, so if there's a way then I think I will go for it. Specially that there are reports that many of crypto traders information have been leaked many times before, so I would rather try to work around to circumvent KYC if I can, just saying.

[elisabetheva]

Would you find a way around KYC is you could? https://www.cryptoinfowatch.com/privacy-conscious-bitcoin-traders-use-bisq-to-avoid-kyc/

Why not? We don't want to exposed our personal data just to be able to withdraw our bitcoin to fiat, so if there's a way then I think I will go for it. Specially that there are reports that many of crypto traders information have been leaked many times before, so I would rather try to work around to circumvent KYC if I can, just saying.

Actually, I don't like anything that is related to the KYC, as far as possible avoid because I don't like personal data that can be taken by anyone at will without us being able to protect if something happens. indeed if there is no other way to do KYC we must do it because of course we do not want what we have we cannot take.

[gabmen]

I probably would but only at certain situations. Not all wallets require kyc so peer to peer transactions would still remain anomymous. Also, paper wallets and hard wallets, which i think is a lot safer, doesn't require kyc. For exchanges, i think there's nothing we can do but abide. I'm not dealing with huge  amounts of coins anyway so i'm a bit indifferent when it comes to kyc in exchanges.