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RE: The IRS Probe into Coinbase (Part 2)
Absolutely true. Almost all exchanges require proof of identity. So if privacy or anonymity are your goals, your out of luck.
Absolutely true. Almost all exchanges require proof of identity. So if privacy or anonymity are your goals, your out of luck.
Perhaps we will see someone(s) put together decentralized exchanges where people can buy cryptocurrencies. If that happened, the government watchdogs would have a cow.
It would have to be an exchange that did no identity verification which would be unlikely. It looks like peer-to-peer is one option, but it's not at all perfect.
Agreed it would have to be some peer-to-peer network and would come with a host of challenges.
For now, so much for anonymity.