I see that they are trying really hard to increase its customer base and increase Bitcoin adoption. They are giving nice affiliate bonuses, they are paying also transaction fees. I never liked them because of the accusations that they work closely with the government and that they close accounts for no reason, etc, but I salute their dedication by doing these little things.
Totally agree with this. I have them as my main wallet (I only have about 1 BTC), and it works great for selling and having the money in your bank account easily. Also for buying. Yes, perhaps privacy is not high, but I don't mind that much.
Well, Bitcoin was made for anonymity. I laugh a lot when I see that the peple does not care about that anymore.
There were tones of pages on this forum where the people were screaming that BTC offers full privacy and that it offers protection against GOVs, bad people, illuminaty and other stories .
Now, all the exchangers are looking for regulations, licences which means the END of the privacy.What is very odd? Nobody is saying nothing. It's OK like that as long you make some cash , right?
In end, it only matters the cash but let's not be hypocrites and to admit it.
Thoses services offer an advantage to attract users, no one is obliged to use them, we have bitcoin core and the other cold storage also blockchain.info and many other online wallets.
If someone don't care so much about his identity to be revealed then he can use it.
How do you cash out or cash in Bitcoin? By using one of these exchangers, right? Well, these exchangers are requesting you a lot of papers about you. Soon, they will want your fingerprint...
As I know, BTC was made to offer anonymity and nothing more. There are plenty of e-currencies which are asking for documents.Why would I use Bitcoin when I have Paypal and other similar systems like this one? I have credit cards which I can easily use them everywhere.
BTC attracted people because of this feature called, anonymity. Now, it disappeared and nobody is saying a word
Where are the "legendary" members to scream agaist GOVs, Illumitati and so on? They did it years ago. They said Bitcoin will never be like Paypal and here we are. You cannot buy or sell Bitcoin without documents.
The banks are requesting the same documents as Gemeni, Coinbase, etc.
Exchangers are looking for regulations even regulations means NO anonymity
NO anonymity = against Bitcoin's "core"
Again, why would someone need BTC in these circumstances while there are credit, debit cards? The banks are asking me the same papers like Gemini, Coinbase are asking.
I can buy anything with credit cards in a blink of eye...without waiting 15 minutes for endless BTC confirmations.
Also, the banks are offering much more security than any "private" wallet....
Agree with you, and for this reason i stopped using xapo and closed my account there when I discovered that I have to give too much paper to get my btc address! (btw didn't revealed my identity when I joined coinbase)
But as I said before, not everyone is caring so much about his identity.
