3 ms·
> Bitcoin isn't a company and you don't need to ask companies to transfer crypto assets You don't need to ask a company to commit a crime you're still going to
by tick_tock_tick 5y ago
> Bitcoin isn't a company and you don't need to ask companies to transfer crypto assets
You don't need to ask a company to commit a crime you're still going to get punished.....
The vast majority of EU citizen are using some kind of exchange as an onramp and offramp. Those exchanges will do KYC and happily turn over any addresses they send/receive crypto too.
- Sargos 5y agoThis has a limited time window of being effective as exchanges are a temporary bridge between the traditional system and the crypto economy. In a decade or so you will likely be able to do most things on crypto rails and there will be few choke points left where KYC can be enforced.
- ulzeraj 5y agoThere are Swiss services like https://getbittr.com https://getbittr.com where you just provide an e-mail, your IBAN and an address. You need o sign the address proving that address belong to you but no personal data is sent to the service. Then can then set a recurring payment for their account and you automatically receive the BTC in your address. I say this is a good compromise that should make people a bit more satisfied. You didn't needed to send a face mug to the Exchange and on the other end the bank that holds your IBAN already KYCd you into oblivion.