NeoColonial on Nostr: DO NOT buy bitcoin from KYC exchanges. You're setting yourself up for a rug. ...

DO NOT buy bitcoin from KYC exchanges. You're setting yourself up for a rug.

quoting
nevent1q…l9hn

As we've been saying since the travel rule reared its head, the light nudging of regulatory compliance is slowly but surely degrading the privacy of users and creating a path for the incumbent exchanges to create regulatory moats.

https://tftc.io/travel-rule-compliance-is-the-first-step-to-blocking-the-exits/