Bitcoin identity verification

D

dieselman

Member
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Joined
Oct 12, 2024
Messages
14
With Identity verification required by Bitcoin Depot , and I assume all other exchanges, the obvious question comes again to the forefront; Doesn’t identity verification defeat the ideal of Bitcoin pseudonymous transfer of funds?. I can foresee government sanctions enforcing this to extremes. I understand the need to strike a balance of transparency and anonymity, but the verification process makes me feel exposed to heavy handed gov agencies. Is this inevitable direction we are funneled into, or are there workarounds that I’m unaware of, that are not so complex that a simple man like myself can understand and employ. Your thoughts, suggestions please
 
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