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RE: Waves Platform: What’s all the hype about?

in #crypto-news8 years ago

If waves is going to be KYC/AML with bank-backed "pegged" assets, it's not a decentralized cryptocurrency. It's just another way to send money electronically through a centralized system. I see locked accounts and typical bank shenanigans with this one. I hope everyone who bought in the ICO makes a profit, but I really hope this project fails because it's going to end up as another typical banking scheme to suck money from account holders.

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From what I remember hearing, there's no need for Waves to be KYC. The companies they will be dealing with are already KYC compliant. I believe it's discussed around 21:50 and 25:40.

"it's not a decentralized cryptocurrency" it is, but I get what you mean.

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