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RE: KYC and AML are Good - Yum

in #bitcoin5 years ago

Thank you for your kind words @jeoleena. I agree with you that KYC and AML can serve to make for a better and safer environment.

Also wanted to comment on anonymous trading. It will be very interesting to see if the decentralized trading platforms, usually called Dex's, survive beyond the next few years. Most trading platforms, even those that do not collect identifiable information upfront, may not be anonymous. The reason is that due to the tracking ability on most blockchains, ever time you convert to fiat, you risk having your true identity exposed.

Hope to see you around!