Brilliant roundup of Bitcoin's momentum right now. The KYC vs. non-KYC disucssion is probably one of the most underrated topics in the space becuase it gets at the core tension between adoption and sovereignty. Non-KYC preserves the censorship resistance that makes Bitcoin transformative, but the practical reality is most people still onramp through exchanges that track everything. Once institutions and governments get comfortable with tracking flows, that precedent is tough to roll back.
Thanks! Agreed. I strongly recommend everybody to download the Vexl app, even if you're not going to use it to buy or sell, it will greatly expand the non-kyc bitcoin network.
Brilliant roundup of Bitcoin's momentum right now. The KYC vs. non-KYC disucssion is probably one of the most underrated topics in the space becuase it gets at the core tension between adoption and sovereignty. Non-KYC preserves the censorship resistance that makes Bitcoin transformative, but the practical reality is most people still onramp through exchanges that track everything. Once institutions and governments get comfortable with tracking flows, that precedent is tough to roll back.
Thanks! Agreed. I strongly recommend everybody to download the Vexl app, even if you're not going to use it to buy or sell, it will greatly expand the non-kyc bitcoin network.