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RE: KYC and AML are Good - Yum

in #bitcoin6 years ago

Dear @minerthreat

While I believe that KYC and AML are important at levels of any significance
the current state of common implementation Exorbitantly intrusive.

Very true. You nailed it buddy.

I just had a chance to read your comment. Thx for sharing your view on that particular topic. Appreciate it.

There should be a dollar amount threshold for these requirements. Using Cash does not require any of this why does crypto require it?

Indeed. I can only hope that providing all those details wont be necessary for small investors.

Yours
Piotr