It’s quite confusing that #bitcoin
are meant to be anonymous but yet there are strict controls in place such as KYC and AML. There are many criticisms that say it’s almost similar to global surveillance and having #bigbrother
watch over us. -
However, without regulation we’ve seen things like #silkroad
blackmarket transactions and criminal activities. KYC requirements should be limited to only those who need the data and another possibility is to have it encrypted and digitally “shredded” after viewing.
We must continue to look towards mass adoption in #blockchain
we need a new technological revolution within this crypto revolution. We need better, newer and faster. ➖
for QUALITY CRYPTO CONTENT, DAILY.