I hope I won't go too much off topic but here's my point of view:
While we're moving in the cryptocurrencies world, anonymity is a must and many people love that possibility (whatever the reason, legit or not).
When we use fiat instead, we have no other choice than being subjected to the 'real world' laws and that's the point many people miss (I'm not aiming at nobody btw, it's just a general observation).
Exchanges like cryptsy are the interface between these two worlds so we must be prepared to sacrifice our anonymity from the moment we want to switch from one world (crypto) to the other (fiat).
It's pretty simple in the end, isn't it?
While we're moving in the cryptocurrencies world, anonymity is a must and many people love that possibility (whatever the reason, legit or not).
When we use fiat instead, we have no other choice than being subjected to the 'real world' laws and that's the point many people miss (I'm not aiming at nobody btw, it's just a general observation).
Exchanges like cryptsy are the interface between these two worlds so we must be prepared to sacrifice our anonymity from the moment we want to switch from one world (crypto) to the other (fiat).
It's pretty simple in the end, isn't it?
Stepping on SOAP BOX,
What makes the Governments think they have a right to know how much of anything you own in the Real or Virtual Worlds.
There was no clause setup for their right to spy on their citizens in the original US Constitution, in fact it was the opposite.
The original founders knew without privacy there can be no freedom.
The Fourth Amendment (Amendment IV) to the United States Constitution is the part of the Bill of Rights that prohibits unreasonable searches and seizures and requires any warrant to be judicially sanctioned and supported by probable cause.
The above amendment is being totally ignored, which should tell you the US is more dictatorship than democracy.
The right to property & privacy is being ignored , Ann Rand predictions have been coming true for years. (https://en.wikipedia.org/wiki/Atlas_Shrugged)
Civil Forfeiture : http://endforfeiture.com/
Stepping off Soap Box.
