Kyc = a process to verify the identity and other credentials of a financial services user. In a P2P service like Robosats, this process is not done. Meaning there is no kyc.


deleted231216

I think you're confusing kyc and financial inclusion. They are not the same, at least for me.

Kyc-free means no personal information is collected while making a transaction. This is also possible with p2p SEPA or Revolut. Only the two participants know each other.

Financial inclusion should indeed be important, but it's not the same thing as kyc-free. It means everyone should be able to buy smth, with SEPA or cash or...

Allowing people to buy btc p2p via SEPA is kyc-free and inclusive. Same for cash.

bitcoin

Bitcoin peer2peer marketplace on a mobile app for the EU market

DanielAngelovBG

I think you're confusing kyc and financial inclusion. They are not the same, at least for me.

Kyc-free means no personal information is collected while making a transaction. This is also possible with p2p SEPA or Revolut. Only the two participants know each other.

Financial inclusion should indeed be important, but it's not the same thing as kyc-free. It means everyone should be able to buy smth, with SEPA or cash or...

Allowing people to buy btc p2p via SEPA is kyc-free and inclusive. Same for cash.