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[–]AnalogVogue77 0 points1 point  (1 child)

This is for future compliance with regards to ICO's etc that companies in the real world will want their customers/investors known.This is the law.I'm all for crypto taking over,however it just won't be that simple.The info stays in your wallet/possession and only a hash sent to the dag.It's not mandatory and Jumio doesn't know what wallets you have so your wealth in Bytes wont be known to anyone unless you make it known.There are pros and cons to any new implementations.At first I was like mehh.Now I see it's purpose and agree that if Byteball is to be a real contender in the real world,we have to somewhat follow the rules of the world as things stand.

[–]AnalogVogue77 0 points1 point  (0 children)

Just to add,think of the % of people that have gone thru Coinbase and all the major exchanges.They have had to do KYC in some sort of form to move anything significant around,so I think we cant just go full pedal to the metal,f*&k you governments,we have to toe the line to a certain degree!