It's a good point. Keep in mind "KYC" (Know Your Customer laws) is something force-fed to banks by government, mainly for tax purposes (finding tax cheats). This indicates a few things:
- BitGrail has been lassoed by government into compliance. Fine for most, but SOME crypto-folks wish to avoid this type of meddling. Thus BitGrail may suffer more than Raiblocks owners.
- Raiblocks is singled out for not complying with KYC, and this is telling for many. For those relishing the anonymous nature of Raiblocks, it's a good sign. For those wishing to remain on what we call the "white shoe" side of things, it's a fleeing canary out of a coal mine.
thanks for the comment!
Wow, thank you for the detailed response! I agree - Raiblocks anonymous nature lumps it in with the other privacy coins when in reality it is so much more than that! I really enjoyed having this conversation with you and have also followed you - would love if we could connect on Steemit!