Obviously. I’ve been using Binance since 2017 fam. You telling me nothing I don’t already know.
Obviously. I’ve been using Binance since 2017 fam. You telling me nothing I don’t already know.
I need that to happen in the next 2 years
It depends on how things shake out. If the pros outweigh the cons for users will determine if it's a net gain overallFor reasons undisclosed, I’m wondering what yall think of the recent mandates from some crypto exchanges to put every user through some type of KYC (Know Your Customer) compliance check. Basically running an identity verification check on customers before letting them transact. Do you think it’ll be a net gain for the space? Net loss? Curious as to why or why not.
Context - Binance Makes KYC Mandatory For New Users | Crypto Briefing
It depends on how things shake out. If the pros outweigh the cons for users will determine if it's a net gain overall
If more exchanges moving to KYC leads to less hacks and more security, it'll be a positive in terms of broader adoption.What does that mean though. Not tryna press you, I’m genuinely curious. What do you think the pros and cons will be.
Example pro - it’ll decrease the amount of criminal / terrorist activity that’s funded w/ crypto currency. Binance doing KYC and AML sanctions screening will stop a number of people at the door who have been associated w/ terrorist / criminal activity in the past.
Example con - it’ll likely leave out a small percentage of potential users in the cold. Even if it’s just 1-2%, KYC checks can’t cover everybody, there will be people (younger, new to country, etc.) who can’t be located and/or validated by public records. Even if 1 legitimate person out of 50,000 gets left out when they’re just a person tryna get in, people can view that as a con.
@GoldenGlove Telcoin price glitched the fukk out fam. I checked my blockfolio and it said I had over $1 billion on that shyt.
@GoldenGlove Telcoin price glitched the fukk out fam. I checked my blockfolio and it said I had over $1 billion on that shyt.
Has anybody else had their coinbase account 'under review' before? Got the email this morning. I'm reading around and there are some real horror stories of people having their accounts under review for months.