KYC is the illicit activity.
Discussion
looking forward to the day the ETF custodian coins fall victim to a data breach.
Be the change you want to see in the world.
https://careers.blackrock.com/job/new-york/director-digital-assets/45831/78679480704
I don't know what any of this gobbly-gook means. I assumed this would be a cybersecurity role. I bet knowing what a private key is makes me less qualified for this role.
Yes, and it doesn’t matter if you deleted your account last cycle or the cycle before that, it’s never deleted on their end… EVER
Because regulators.
FWIW I closed my account and asked them to delete all my info. They said laws require them to keep the info for 5 years, then they will delete.
Right… and then they totally will delete it
If you choose to believe that they lied to me, then I cannot say anything.
What would you take as evidence that they did what they said they would do?
Your experience is valuable context.
There’s simply no way to verify their deletion policies.
This isn’t unique to Coinbase, it’s the flaw of centralized KYC databases.
KYC is the illicit activity.
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Never trust a call from a helpful Coinbase employee…
When cap gains taxes are gone and mixers unquestionably legal and accessible, that’s when I consider bitcoin has won 🤙
I agree that those are good things. But I feel like it has already won.
I feel like as soon as we got the ETF in the US that was the tipping point.
The mixer issue still needs to be addressed though.
🎯🎯🎯
Kyc is for banks 🤷♂️