dashed-slug.net › Forums › CoinPayments.net Wallet Adapter extension support › KYC introduction › Reply To: KYC introduction
You have a point. Just keep in mind that what is right or makes sense, is not always what is implemented. This is a new technology, and it remains to be seen how things will turn out. I for one, am not able to predict the future. My only point is that a state actor does not need to exert control on cryptocurrencies. They can simply exert control on you as an individual or a business (for example, if you fail to provide KYC verification, this can be illegal under existing law). Nobody exists in a vacuum, we are all entities living in legal jurisdictions, and are subject to regulations, whether a technology that we use is censorship resistant or not. If you are also a business entity engaging in ecommerce, then you are being even more closely scrutinized, so keep this in mind.
with regards