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> There's additional benefits as mentioned earlier like not needing to comply with KYC laws. Why would Bitcoin transactions be exempt from KYC?
by overscore 6y ago
> There's additional benefits as mentioned earlier like not needing to comply with KYC laws.
Why would Bitcoin transactions be exempt from KYC?
- Spoom 6y agoBecause the fact that it's (in theory) anonymous means that most people think that it also cannot be regulated by laws. People just don't outright say that though because it might sound like enabling fraud, tax evasion, and other unsavory activities was the point.