Yeah, obviously. Its not that big of a problem if only the exchange knows. But as we all know, this is rarely the case.

megaptera

If you never go back to fiat, there's nothing to worry.

[![darth-capital-gains.jpg](https://i.postimg.cc/fyzJNNsJ/darth-capital-gains.jpg)](https://postimg.cc/2btzQgVD)

Catcher

The "dangerous" part about the kyc is in my opinion that there is a record on a central exchange which state that you bought X Bitcoin on date Y.

WRONG! That's not the part you should be concerned.

The real danger of KYC is that your personal information circulate freely on internet without your consent!

bitcoin

What to Do if the Bulk of My Bitcoin Holdings Is From Centralised KYC Exchange?

spiderman

> The "dangerous" part about the kyc is in my opinion that there is a record on a central exchange which state that you bought X Bitcoin on date Y. 

WRONG! That's not the part you should be concerned.
The real danger of KYC is that your personal information circulate freely on internet without your consent!