Binance loses 90% of users after implementing KYC, losing billions in revenue
- Thread starter ajacobson
- Start date
Just as any logically thinking person has always known. The second KYC is implemented crypto reduces to 1/10th. 9/10th were shady individuals or outright criminals. Store of value, medium of exchange, speculation Instrument, bla bla. Truth remains its mostly used by those who for a various reasons have an extremely strong interest at remaining anonymous.
Mark Cuban Caught in Bankruptcy of Crypto Lender Voyager
https://www.thestreet.com/investing...ReQTg7p5koCxIO9YimbejHWkZR5AxtkYItpckMgDCDVYQ
https://www.thestreet.com/investing...ReQTg7p5koCxIO9YimbejHWkZR5AxtkYItpckMgDCDVYQ
Cuban got lucky once, he is neither a good investor nor trader nor anything related to finance. He is a great salesman (generally selling bullshit and dreams to gullible people) and an entrepreneur. Should have just collected the money and enjoyed life. Instead he got on TV and opens his dumb mouth every so often, makes himself ridiculous in shark tank a series for desperate hopefuls, and engaged in plunder after plunder. He had one lucky hand, should have left the casino right after.
cuban was always a putz. but a least he didnt call a stock move from 40 to 80 in minutes, an after the fact call.
pot calls kettle black
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all misfits, criminals, snake oil salesmen, liars, and falsifiers will be held accountable at the end...that is the only certainty that keeps me relaxed.
Of course would management of this exchange say what they said. Like all good ponzi managers, the show must go on, the plebs must remain entertained and hopes must be kept up.
Of course would management of this exchange say what they said. Like all good ponzi managers, the show must go on, the plebs must remain entertained and hopes must be kept up.
Germany has no tax on Bitcoin commodities as long as you've held onto them for a minimum of one year.
Guess where crypto is stockpiling today?
Guess where crypto is stockpiling today?
Or maybe it was just used by a lot of US citizens (it was). The US government won't let you use Binance, KYC or not. They're scared you might like freedom a bit too much.