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Author Topic: R.I.P. Poloniex (new face-image requirements)  (Read 377 times)
seoincorporation
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June 06, 2018, 03:52:34 AM
 #61

This is the height of it all that Poloniex is implementing but nothing can be done because as we are here complaining of this amount of absurdity, other are already scanning their faces, fingers for them having covered by the veil of profit making and deceive to believe that since I have nothing to hide, there is nothing to be secretive about. Poloniex knows this and that is why they will.continue pushing and claim they are doing it for the security of users. The best way is just to avoid such sites and focus on other who can accommodate the amount of information I'm willing to share.

I just couldn't say it better, mate.
That's the true issue. To have nothing to hide doesn't mean we need to share everything. If every user has said NO  to the new poloniex policies (including the money kidnap) maybe they will stop and reconsider. but, as long as users allow this...

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June 06, 2018, 07:48:30 AM
 #62

All of the centralized exchange will getting a stricter regulation soon. I believe it is the time for decentralized exchanges to rise. Decentralized exchanges are fitted with cryptocurrencies nature whereas anonymity and privacy are valuable.
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June 07, 2018, 01:46:21 PM
 #63

All of the centralized exchange will getting a stricter regulation soon. I believe it is the time for decentralized exchanges to rise. Decentralized exchanges are fitted with cryptocurrencies nature whereas anonymity and privacy are valuable.

I think this highly depends on where the business is registered. Afaik only US exchanges are affected. Binance still allows for >2 BTC a day w/o verification, and it seems like you'll soon also be able to trade with fiat on their platform.

See https://cointelegraph.com/news/exclusive-world-s-top-crypto-exchange-binance-sets-up-bank-account-in-malta, a pretty interesting read.

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