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andirk 3 days ago

Doing KYC is somewhat against the whole idea of like "no government involvement" but it doesn't negate that the government controls the currency.

You lost all interest because Bitcoin became attractive to people who deal with companies who insist on KYC? How is that in any relation to the underlying code or mantra that Bitcoin is about?

jollyllama a day ago | parent [-]

Yes, I lost interest at the point where entirely all of the on/off ramps to Bitcoin submitted to universal data sharing with the central government in the interest of greater profitability. At that point, "being your own bank" is gone, and the process is equivalent to withdrawing cash from a normal bank, and the value proposition of Bitcoin is limited to its features as a deflationary speculative asset.