How valuable will a non-kyc coin be?
Discussion
Kyc only means that, that exchange is gonna tell authorities you own btc it has nothing to do with your name tied to the coins.
The gov will not tax you or do other things if they don’t know you own bitcoin. That’s the value of being KYC-free
If you’re trying to flee your country, KYC vs Non-KYC could be the difference between safe emigration and indefinite holding in a cell until capital-gains is paid.
For those doxed on an exchange whose records are hacked, the difference could be anonymous existence vs. a burglar showing up at your door with a hammer.
There may not be a big difference at the moment in the US, but Bitcoin exists for the people around the world who need freedom of movement and freedom from oppression. Telling people that you have access to a tool will partly negate the value of that tool…by putting you at risk