you get coti in the first place? An exchange: Binance requires KYC since this year, needed to complete a whole profile for them.
Bingo
And that is why DEX are becoming popular. Twitter is building a DEX to trade Bitcoin. My point is crypto will keep pushing back against the government and legacy systems. Cryptos need to chose a side to be. No point separating yourself from the entirety of crypto especially because it will take maybe 10 years before such regulations can become widespread. Coti may struggle to capture any significant market share until KYC becomes an advantage
Those regulations are already spreading, this isn't a 10 year plan. Binance is asking for KYC because it's being pressured by governments. I'd rather have us build a strong a lasting markets are, than a big bubble that will burst once we get to that KYC point in the near future
Like xrp which ignores these factors and now under govt scrutiny . Their progress being on hold for years now
This isn't true. The government figured XRP was an easy prey because it wasn't consider fully crypto. XRP dined with banks. Coti is at risk of similar fate. It's safer to fight alongside other Cryptocurrencies. When the regulation comes, it won't be a problem since all of crypto has to adapt
not true because coti got licenses and they are trying the same with us to operate safely...
XRP got way more licences 👀
You believing we'd be safer without KYC is kinda funny 🤣
it looks like you want to money launder
It’s like asking bank, open a account and give me the debit card - don’t ask anything else
Exactly! Trust me.on my blue eyes, I promise to be a good boy 😇😇
I believe we will be safer if Coti acts like a crypto company. KYC for payment platform is fine. But Coti is more than just payment. Some people just want to create wallets and hold crypto
KYC are here to stay all centralized exchanges will require it by law! or risk jail... now you do whatever you will still end up cashing out at w site than requires KYC but even the btc kiosk require your id so 🤷🏻♂️
Not sure you folks are crypto orientated. Crypto advocates for decentralisation. That is why we have wallets and Dexs. Did you KYC to buy a ledger wallet?
I am out sure if you know how the world works
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