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by verdverm 1766 days ago
Uniswap is planning for KYC.

Expect the cryptocurrency ecosystem to largely fall in line with financial regulations.

You cannot escape middlemen, they have just changed who it is. Most smart contracts are taking a cut, as do the miners with fees.

Blockchain cannot establish trust or authenticity beyond the digital realm.

You should think about why people operate the way they do today and why this fantasy world of crypto saviorism will not pan out. Who would hire someone for programming without knowing who they are or if they can attend meetings at the same time as everyone else.

Who would want their financial history publicly available for all to see?

Let's not forget almost no one wants to transact in a volatile currency and no crypto has become a currency yet.