Having been involved in btc in 2011 to 2014 and coming back to it last year I really hated the whole KYC thing when I learnt about it. It means we lose anonymity and must pay tax. Apparently in exchange we get security? Except we don't? If your coins are jacked KYC does Jack shit to get them back. What is the benefit? Even if there is some minor ones I dont see it outweighing the costs.
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