0 sats \ 2 replies \ @Rsync25 29 Mar 2023 \ on: Kollider Wallet AMA bitcoin
With government pressure, will Kollider be able to demand KYC from users? Or is this idea discarded for the moment?
Generally we're not opposed to kyc and would always want to comply with the rules and regulations of specific jurisdictions. We think that kyc is a small price to pay for people that can't access an open and permissionless banking system today. Subscribing to a no kyc forever regime also means that the company could probably never grow to a meaningful size. For now payments and sizes of lightning network transactions are small but in time we think this will grow and some form of kyc will be necessary. Maybe not for everyone.
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Great. Thanks for let clear! :)
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