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One could mine it directly and never involve KYC. Or they could use a coin that has privacy features built-in, such that once it leaves the exchange they no lon
by Forbo 6y ago
One could mine it directly and never involve KYC. Or they could use a coin that has privacy features built-in, such that once it leaves the exchange they no long know what was done with it. There are also decentralized exchanges.
- NicoJuicy 6y agoYou're suggesting to mine a bitcoin, which has a pretty big difficult rate by now or to join a cloud miner. Either way, you're arguments don't make any sense anno 2020. I'd rather trust my bank, that is regulated than some anonymous thing on the internet.
- Forbo 6y agoI've mined a few Moneroj just casually using my desktop PC. Makes for a good space heater in the winter time. Depending on it as a sole source of income, no. But it's not impossible to obtain cryptocurrency from mining in 2020.