• @[email protected]
    link
    fedilink
    English
    23 months ago

    Yea, but the bank still has a different usecase, and is treated as untrusted. KYC matters to me because a) one more place can leak my very sensitive documents; b) these exchanges can ban me or deny me entry because of my citizenship; c) crypto here is a gray area and having a legal record of me purchasing it might bite me later, even if it is unlikely.

    But true, it can work. Especially for businesses.