There are still many people who don't want to trust Bitcoin because they think that Bitcoin is mostly a scam. These words are said by those who have any idea about Bitcoin. Those of us who are related to Bitcoin certainly know how Bitcoin works. Bitcoin has a little bit of risk but if we do it carefully it can change our life. People who are successful in investing in Bitcoin once again show interest in Bitcoin
Those people are being heavily manipulated by the mainstream and social media, and as such they have not really taken the time to look at bitcoin on their own and they simply repeat the opinions other people hold about bitcoin, and those people are the same that will call you lucky for holding bitcoin for so long and will lament not investing in bitcoin before the bull run comes, conveniently forgetting that they were part of the people that obstructed bitcoin by calling it a scam and that at the time they wanted nothing to do with it.
sometime its the ignorance that causes minsunderstanding same thing in this case, so many people considers bitcoin and doge coin same entity because they just don't know.
thats why sometime some people considers meme coin to be tarnishing the image of cryptocurrency even more specific is bitcoin.
when it comes to this, nothing we can do, but i'm sure there are many that would know the difference, willing to understand what cryptocurrency is.
meanwhile the regulation for these exchange could give safety for those investors to give them protection that their money will be fine which I think is right.
moreover, the fact that regulation will be enforced meaning fewer and fewer shitcoin floating around cexes.
In speaking about on lacking of knowledge then we do all start from zero or scratch even into those who are professional or veteran nowadays on which wayback they are once newbie too on which it would really be normal that you would really be that on this kind of pace on which you would really be that having that zero knowledge when you are really just that starting up, but on the time that you do able to get
that experience then you do really know on what would you gonna do on which sooner or later you would really be able to learn up those things that you havent learnt before.
As for exchangers, then it would be normal that they would really be setting out those rules even if it do looks strict but we cant really be able to appreciate on how it do servces its purpose.
Yes, we dont like KYC but in terms of security or possible solutions when it comes to possible exchange hacks then you could really be having that potential on getting those funds back
but of course it would really be that your choice considering that we do still have DEX'es nowadays.