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> There are online crypto exchanges where you can sell your cryptocurrency for real money Maybe slightly change a wording? How about old fashioned money instea
by eimrine 5y ago
> There are online crypto exchanges where you can sell your cryptocurrency for real money
Maybe slightly change a wording? How about old fashioned money instead of "real"?
> It means that they need to confirm your identity. You have to submit your ID so they can confirm your identity. The objective of KYC is to prevent banks from being used, by criminal elements for money laundering activities.
Every word of this is just wrong. Try my version (do not promise about correct grammar):
It means that they want you to confirm some identity. You ought to submit somebody's ID so they can confirm what they has been forced to be confirmed. The objective of KYC is to demonstrate to citizens that strength or US government has not decreased as well as strength of money system since Bitcoin has appeared.
- superdario 5y agoHey, I might change it. I doubt that many people will read it. I will share it around, it might help people in some way
- eimrine 5y agoBut will the document still remains understandable for your grandma? This is your document, not mine, so it is your pain to make it both truthful and understandable by grandmas as you have promised. I just told what I was disagreed with but overall I have to admit that it is a great work for regular people who are not cypherpunks.
- superdario 5y agoIt's ok. I accept, it's just a simple PDF that I wrote, nothing more, nothing less. I don't expect anything from it, I don't plan to sell it, I'm not even crypto enthusiast or fan. I just wrote that while educating myself