The know-your-customer (KYC) threat isn’t coming. It’s already here
Know-Your-Customer: Crypto's Quiet Kill-Switch | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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I am often reminded of this…
While I agree with the author, I don't agree with this. There are no blscklisted coins. Those only exist outside the Bitcoin network. Yes, it will be difficult or impossible to use your bitcoin not p2p, but why would you? P2P is the way, in my opinion, without a middleman.
"“But they can’t stop me from moving my bitcoin and transacting P2P.” No one wants blacklisted coins: They’ll be radioactive and useless."
Not yet, but that is the path we are on is my point in the article.