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Bitcoinist
2019-01-23 20:00:16

KYC Hurts Bitcoin Adoption, But Simple Private On-Ramps Already Exist

Regulation and institutional investors seem to be pulling Bitcoin ever further away from its original intended purpose. Surely, buying bitcoin should be as simple and anonymous as sending it? Luckily, voucher-based solutions like Azteco feel the same and they’ve made BTC as easy to buy as topping up your phone credit. Kill Your Confidentiality Bitcoin has a (undeservedly) bad reputation; for enabling money-laundering, dark-web narcotics purchases, and countless other illegal activities despite not really doing that. InRead MoreThe post KYC Hurts Bitcoin Adoption, But Simple Private On-Ramps Already Exist appeared first on Bitcoinist.com.