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I don't think so, you can exchange your money through services like ShapeShift where it remains anonymous at the other end and you can make the exchange to fiat money via Localbitcoins. There are many other alternatives we can think of.

I think it would be good to have an optional KYC/AML attached to cryptocurrency transactions. In this way they can be more popular and more connected to the regulated world.




> it would be good to have an optional KYC/AML attached to cryptocurrency transactions

This is already the case, minus the optional part [1]. Broadly, I'd guess anyone involved with an unregulated money transmission operation is one pissed-off D.A. away from serious jail time.

[1] http://www.coindesk.com/bitcoin-law-what-us-businesses-need-...


That article applies to US law.


If you do anything with U.S. dollars, the United States claims jurisdiction.


You don't need to use dollars in exchanges.


KYC/AML applies to the person, not to the serial numbers printed on the bills they hand over.


I am not sure if you understood what I said. You can connect transactions with people.




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