One reason why KYC/AML could be bad is if you try and reenter the fiat system it could pose tax problems, and banks could take an adversarial stance. But, KYC/AML seems like a small price to pay if you want to exit the fiat system permanently (obviously you need to earn/spend some fiat for day to day life).
But, if your goal is every time you buy bitcoin cash is to either spend/hodl it and not convert it back to fiat then cryptocurrency exchanges like Coinbase and Gemini offer the lowest fees to accomplish that job.
I can no longer justify the >10% premiums from sellers on local.bitcoin.com just to buy some Bitcoin Cash. That is to expensive of a price for privacy.
Am I missing something?
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from Bitcoin - The Internet of Money https://ift.tt/2LHpn9Y
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