Replying to Avatar Laeserin

All of the KYCing on Bitcoin onramps is driving me a bit nuts, but I doubt it'll reduce its appeal much.

And once enough people have "loaded" their KYCed Bitcoin into the system and moved it around a bit, buying groceries and zapping or whatever, the internal audit trail will peter out.

Ubiquitous Bitcoin is the most anonymous Bitcoin.
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ever4st 1y ago

'KYC' is a sign of a technology entering mainstream

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Laeserin 1y ago

Yeah, insurance companies, investment funds normal companies, and stuff are stocking up and they have to fulfill the compliance rules because of all the retarded financial laws passed after 9/11.

This is Bitocoin-Normie-ization.