KYC creates huge honeypots that have endangered, and will continue to endanger users.
This is why Nunchuk is non-KYC.
Discussion
Good lord
They need to report the second order effects. They should be required to report the number of fraud reports they are getting. We should see correlations between this and data leaks and we should see how many cases were prevented, compensated completely, partially and not at all.
This is what people will pay attention to.
Still get occasional death and kidnapping threats from Bitcoin hacks that happened years ago. Important to take this seriously. Use non KYC options first!
Sorry to hear that happened to you. Agreed absolutely.
Nunchuck is also wallet software and has no legal requirement to have KYC. Other companies have no choice. If you can sell us BTC without KYC, then that would be special.
That is insane
