Please, I want to ask a question and am asking the question with respect to educational materials I was creating. I would be glad if more experienced users would provide me with more explanations that could help me give a detailed explanation of the content I am preparing. Thanks guys
Question 🙋
KYC is an attack on Bitcoin, and it's usually advised for Bitcoiners to stay away from passing KYC and exposing their private information. So, my question is, since there are some cryptocurrency exchanges that don't make KYC compulsory for the purchase and withdrawal of a certain amount of Bitcoin, what is the risk of purchasing Bitcoin on such an exchange?
Rephrase
Doe's purchasing Bitcoin on a centralized exchange where you don't pass KYC (KYC is maybe not compulsory) have any threat (harm) on the Bitcoiner? Or can the Bitcoiner still be tracked or identified by the CEO through other means?