We have a currency with a limited market cap. We have several countries within a few months who have jumped into the crypto sphere thereby increasing demand. So the market steams ahead, values go up.
We tell each other all the time how great crypto is, we all get it. We welcome more people to the party.
We bought our first digital currency, we try to share with our non-crypto friends who think it's just a scam, a ponzi scheme or part of a drug cartel.
KYC is an attempt to unravel the anonimity in the crypto space. But must we drag our fiat problems into the space? I don't see anyone trying to build bombs or hire hitmen. I'm beginning to think that KYC is really about going after the bankers and not the people, as always the people suffer through it. But we don't need the banks. Some exchanges can go from fiat to crypto to visa & back again. American Expres, eat your heart out. What's better than Discover? No card. What's better than APR? None.
