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KYC in a decentralized system feels like an oxymoron. It’s often a regulatory necessity for projects to operate legally, but it undermines the core ethos of decentralization. Trade-offs between compliance and ideals are tough in crypto

where is this happening?

Everywhere

When I joined blockchain.com in 2015 I could transact instantly without any KYC needed, try that out this days.

blockchain.com was never decentralized to start with.

I said name me a decentralized system that has KYC.

where?

When I joined blockchain.com in 2015 I could transact instantly without any KYC needed, try that out this days.