RE: Forget KYC... Make sure you KYE (Know Your Exchange)... Big Brother is watching your Bitcoin

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Forget KYC... Make sure you KYE (Know Your Exchange)... Big Brother is watching your Bitcoin

in funny •  7 years ago 

Regulation and compliance are facts of life for exchanges or any other businesses operating at the fiat/crypto interface.
However, what you have described does seem very intrusive and beyond what is necessary.
Hopefully, the day will come when using crypto for everyday purchases will become the norm and exchanging in and out of fiat currency will be a thing of the past.

funny
7 years ago by

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